[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[S. 1160 Introduced in Senate (IS)]







109th CONGRESS
  1st Session
                                S. 1160

 To amend the Internal Revenue Code of 1986 to restore, increase, and 
  make permanent the exclusion from gross income for amounts received 
              under qualified group legal services plans.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                              May 26, 2005

 Mr. Smith (for himself, Mrs. Lincoln, Mr. Rockefeller, and Mr. Kerry) 
introduced the following bill; which was read twice and referred to the 
                          Committee on Finance

_______________________________________________________________________

                                 A BILL


 
 To amend the Internal Revenue Code of 1986 to restore, increase, and 
  make permanent the exclusion from gross income for amounts received 
              under qualified group legal services plans.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Legal Services Benefit Act of 
2005''.

SEC. 2. EXCLUSION FOR AMOUNTS RECEIVED UNDER QUALIFIED GROUP LEGAL 
              SERVICES PLANS RESTORED, INCREASED, AND MADE PERMANENT.

    (a) Increase of Exclusion.--Subsection (a) of section 120 of the 
Internal Revenue Code of 1986 (relating to amounts received under 
qualified group legal services plans) is amended by striking the last 
sentence.
    (b) Restoration and Permanence of Exclusion.--Section 120 of the 
Internal Revenue Code of 1986 (relating to amounts received under 
qualified group legal services plans) is amended by striking subsection 
(e) and by redesignating subsection (f) as subsection (e).
    (c) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after December 31, 2004.
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