HR 154 · 111th Congress · Taxation

Workers Severance Tax Reduction Act of 2009

Introduced 2009-01-06· Sponsored by Rep. McHugh, John M. [R-NY-23]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Sponsor introductory remarks on measure. (CR E69)(2009-01-13)

Plain Language Summary

[AI summary unavailable — showing source text] Workers Severance Tax Reduction Act of 2009 - Amends the Internal Revenue Code to exclude from the gross income of individual taxpayers severance payments up to $150,000 for separation from employment due to a workforce reduction. Terminates such exclusion after 2010.…

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

Cosponsors (20)

10 Democrats10 Republicans