HR 3903
103th Congress
House
Taxation
Dismissal wage
Income tax
Individual retirement accounts
Labor and Employment
Tax exclusion
Tax-deferred compensation plans
To amend the Internal Revenue Code of 1986 to permit the tax-free rollover of certain payments made by employers to separated employees.
Introduced: February 24, 1994
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 24, 1994
Referred to the House Committee on Ways and Means.
Feb 24, 1994
Sponsor introductory remarks on measure. (CR E251)
Feb 24, 1994
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to exclude from gross income qualified separation payments transferred to individual retirement accounts.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1