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- H.R.154
H.R.154: Workers Severance Tax Reduction Act of 2009
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about taxation
- Introduced Jan. 6, 2009
- Latest Major Action Jan. 13, 2009
Bill Sponsor
Bill Cosponsors
28 (15 Democrats, 14 Republicans)
Bill Summary
Workers Severance Tax Reduction Act of 2009 - Amends the Internal Revenue Code to exclude from the gross income of individual taxpayers severance payments up to $150,000 for separation from employment due to a workforce reduction. Terminates such exclusion after 2010.
(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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Sponsor introductory remarks on measure.
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Jan. 6, 2009 |
Introduced in the House by John M. McHugh (R-N.Y.) |