HR 1593 · 106th Congress · Taxation

Former Insurance Agents Tax Equity Act of 1999

Introduced 1999-04-28· Sponsored by Rep. Weller, Jerry [R-IL-11]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1999-04-28)

Plain Language Summary

[AI summary unavailable — showing source text] Former Insurance Agents Tax Equity Act of 1999 - Amends the Internal Revenue Code and the Social Security Act with respect to the exemption from the self-employment tax for certain termination payments received by former insurance salesmen. Repeals the requirement that the amount of such a payment not depend to any extent on length of service or overall earnings from services performed for the former insurance company.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (17)

5 Democrats12 Republicans