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- S.1332
S.1332: A bill to amend the Internal Revenue Code of 1986 to exclude certain severance payment amounts from income.
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about taxation
- Introduced Aug. 2, 2001
- Latest Major Action Aug. 2, 2001
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
Amends the Internal Revenue Code to exclude from gross income up to $5,000 of any "qualified severance payment." Defines such payment. Excludes from such definition payments exceeding $125,000.
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Finance.
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| Aug. 2, 2001 |
Introduced in the Senate by Robert G. Torricelli (D-N.J.) |