HR 2492
105th Congress
House
Taxation
Adult education
College costs
Costs
Dislocated workers
Dismissal wage
Education
Higher education
Income tax
Labor and Employment
Layoffs
Occupational retraining
Older workers
Personal income tax
Social Welfare
Tax credits
Tax exclusion
Tax refunds
Vocational and technical education
Career Transition Assistance Act of 1997
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 17, 1997
Referred to the House Committee on Ways and Means.
Sep 17, 1997
Sponsor introductory remarks on measure. (CR E1772-1773)
Sep 17, 1997
Introduced in House
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Plain-English summary
Career Transition Assistance Act of 1997 - Amends the Internal Revenue Code to: (1) exclude from gross income a limited amount of qualified severance pay; and (2) permit a limited credit for qualified job training expenses for certain individuals over the age of 50 who have been laid off.
What's happening now
Referred to the House Committee on Ways and Means.
Bill text
1 version
- Introduced in House Formatted Text PDF
Committees of jurisdiction
1
Cosponsors
1
Cite this page
U.S. Congress. (2026). H.R. 2492: Career Transition Assistance Act of 1997. 105th Congress. Open America. https://openamerica.io/bill/105-HR-2492/
"H.R. 2492: Career Transition Assistance Act of 1997." 105th Congress, 2026, Open America, https://openamerica.io/bill/105-HR-2492/.
H.R. 2492, 105th Cong. (2026), https://openamerica.io/bill/105-HR-2492/.
[H.R. 2492: Career Transition Assistance Act of 1997](https://openamerica.io/bill/105-HR-2492/)