H.R.2509: Fair Tax Treatment for Insurance Agents Termination Payments Act of 2003

About This Bill

Bill Summary

Fair Tax Treatment for Insurance Agents' Termination Payments Act of 2003 - Amends the Internal Revenue Code to consider a qualified termination payment received from an insurance company by a former insurance salesman for such company as a sale or exchange of a capital asset held for more than 12 months.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
June 18, 2003

Introduced in the House by Sam Johnson (R-Texas)

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