H.R.2492: Career Transition Assistance Act of 1997

About This Bill

Bill Summary

Career Transition Assistance Act of 1997 - Amends the Internal Revenue Code to: (1) exclude from gross income a limited amount of qualified severance pay; and (2) permit a limited credit for qualified job training expenses for certain individuals over the age of 50 who have been laid off.

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Referred to the House Committee on Ways and Means.
Sept. 17, 1997

Introduced in the House by Christopher H. Smith (R-N.J.)

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