H.R.3903: To amend the Internal Revenue Code of 1986 to permit the tax-free rollover of certain payments made by employers to separated employees.

About This Bill

Bill Summary

Amends the Internal Revenue Code to exclude from gross income qualified separation payments transferred to individual retirement accounts.

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Referred to the House Committee on Ways and Means.
Feb. 24, 1994

Introduced in the House by William J. Jefferson (D-La.)

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