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H.R. 3011 — Layoff Tax Relief Act | PoliFocus

H.R. 3011105th Congress

Layoff Tax Relief Act

To amend the Internal Revenue Code of 1986 to exclude certain severance payment amounts from income.

Sponsors

Rep. Pascrell, Bill, Jr. [D-NJ-8]

2 cosponsors

Subjects

Taxation

Summary

Layoff Tax Relief Act - Amends the Internal Revenue Code to exclude from gross income a limited amount of qualified severance pay.

Full Text

Legislative Actions

1997-11-09
Introduced in House
1997-11-09
Introduced in House
1997-11-09
Referred to the House Committee on Ways and Means.

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