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- H.R.2940
H.R.2940: To amend the Internal Revenue Code of 1986 to clarify that certain settlement funds established under the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 are beneficially owned by the United States and are not subject to tax.
About This Bill
- This bill was introduced in the 109th Congress
- This bill is primarily about taxation
- Introduced June 16, 2005
- Latest Major Action June 16, 2005
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
5 (2 Democrats, 4 Republicans)
Bill Summary
Amends the Internal Revenue Code to exempt from income taxation certain settlement funds established under the Comprehensive Environmental Response, Compensation, and Liability Act of 1980.
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Ways and Means.
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June 16, 2005 |
Introduced in the House by Phil English (R-Pa.) |