S 2827 · 107th Congress · Taxation

Fair Tax Treatment for Insurance Agents' Termination Payments Act of 2002

Introduced 2002-07-31· Sponsored by Sen. Torricelli, Robert G. [D-NJ]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2002-07-31)

Plain Language Summary

[AI summary unavailable — showing source text] Fair Tax Treatment for Insurance Agents' Termination Payments Act of 2002- 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