H.R.1652: To amend the Internal Revenue Code of 1986 to clarify the exemption from the self-employment tax for termination payments received by former life insurance salesmen.

About This Bill

  • This bill was introduced in the 105th Congress
  • This bill is primarily about taxation
  • Introduced May 16, 1997
  • Latest Major Action May 16, 1997

Bill Summary

Amends the Internal Revenue Code and the Social Security Act to exempt from consideration as self-employed income under such Acts specified termination payments received by former life insurance salespeople.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
May 16, 1997

Introduced in the House by Gerald C. Weller (R-Ill.)

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