HR 2229 · 107th Congress · Taxation

To amend the Internal Revenue Code of 1986 to provide that the unearned income of children attributable to personal injury awards shall not be taxed at the marginal rate of the parents.

Introduced 2001-06-19· Sponsored by Rep. Johnson, Nancy L. [R-CT-6]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2001-06-19)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to provide that the unearned income of children attributable to personal injury awards shall not be taxed at the marginal rate of the parents.…

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

Cosponsors (3)

1 Democrat2 Republicans
Rep. Foley, Mark [R-FL-16]FL
Rep. Cooksey, John [R-LA-5]LA
Rep. Thurman, Karen L. [D-FL-5]FL