S 1014
105th Congress
Senate
Taxation
Business income tax
Commerce
Income tax
Labor and Employment
Personal income tax
Tax exclusion
Torts
Workers' compensation
A bill to amend the Internal Revenue Code of 1986 to include liability to pay compensation under workmen's compensation acts within the rules relating to certain personal liability assignments.
Introduced: July 14, 1997
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 14, 1997
Read twice and referred to the Committee on Finance.
Jul 14, 1997
Introduced in Senate
Plain-English summary
Amends the Internal Revenue Code to include liability to pay workers' compensation within the definition of personal injury liability assignments (thus, making amounts received for agreeing to such liability assignment eligible for exclusion from gross income).
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1
Cosponsors
1