HR 3139 · 107th Congress · Taxation

Fair Tax Treatment for Insurance Agents' Termination Payments Act of 2001

Introduced 2001-10-16· Sponsored by Rep. Johnson, Sam [R-TX-3]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2001-10-16)

Plain Language Summary

[AI summary unavailable — showing source text] Fair Tax Treatment for Insurance Agents' Termination Payments Act of 2001 - 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

Cosponsors (11)

5 Democrats6 Republicans