HR 1593
106th Congress
House
Taxation
Earnings
Finance and Financial Sector
Insurance agents
Labor and Employment
Life insurance
Self-employed
Social Welfare
Social security taxes
Tax exemption
Former Insurance Agents Tax Equity Act of 1999
Introduced: April 28, 1999
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 28, 1999
Referred to the House Committee on Ways and Means.
Apr 28, 1999
Sponsor introductory remarks on measure. (CR E798)
Apr 28, 1999
Introduced in House
Plain-English summary
Former Insurance Agents Tax Equity Act of 1999 - Amends the Internal Revenue Code and the Social Security Act with respect to the exemption from the self-employment tax for certain termination payments received by former insurance salesmen. Repeals the requirement that the amount of such a payment not depend to any extent on length of service or overall earnings from services performed for the former insurance company.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1