HR 2509 · 108th Congress · Taxation

Fair Tax Treatment for Insurance Agents Termination Payments Act of 2003

Introduced 2003-06-18· Sponsored by Rep. Johnson, Sam [R-TX-3]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2003-06-18)

Plain Language Summary

[AI summary unavailable — showing source text] Fair Tax Treatment for Insurance Agents' Termination Payments Act of 2003 - 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 (19)

3 Democrats16 Republicans
Rep. Boehner, John A. [R-OH-8]OH
Rep. Platts, Todd Russell [R-PA-19]PA
Rep. Otter, C. L. (Butch) [R-ID-1]ID
Rep. Cole, Tom [R-OK-4]OK
Rep. Hall, Ralph M. [D-TX-4]TX
Rep. Kleczka, Gerald D. [D-WI-4]WI
Rep. Rodriguez, Ciro D. [D-TX-28]TX
Rep. Brady, Kevin [R-TX-8]TX
Rep. Hayworth, J. D. [R-AZ-5]AZ
Rep. Musgrave, Marilyn N. [R-CO-4]CO
Rep. Hyde, Henry J. [R-IL-6]IL
Rep. McHugh, John M. [R-NY-23]NY
Rep. Ramstad, Jim [R-MN-3]MN
Rep. Weller, Jerry [R-IL-11]IL
Rep. Terry, Lee [R-NE-2]NE
Rep. Hefley, Joel [R-CO-5]CO
Rep. Camp, Dave [R-MI-4]MI
Rep. Duncan, John J., Jr. [R-TN-2]TN
Rep. Harris, Katherine [R-FL-13]FL