HR 5444 · 106th Congress · Taxation

Fair Tax Treatment for Insurance Agents' Termination Payments Act of 2000

Introduced 2000-10-11· Sponsored by Rep. Johnson, Sam [R-TX-3]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Sponsor introductory remarks on measure. (CR E1752-1753)(2000-10-12)

Plain Language Summary

[AI summary unavailable — showing source text] Fair Tax Treatment for Insurance Agents' Termination Payments Act of 2000 - Amends the Internal Revenue Code to consider a qualified termination payment received from an insurance company by a former insurance salesman for such company as a sale or exchange of a capital asset held for more than 12 months.…

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