HR 154
111th Congress
House
Taxation
Employee benefits and pensions
Income tax exclusion
Unemployment
Workers Severance Tax Reduction Act of 2009
Introduced: January 6, 2009
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 13, 2009
Sponsor introductory remarks on measure. (CR E69)
Jan 6, 2009
Referred to the House Committee on Ways and Means.
Jan 6, 2009
Introduced in House
Plain-English 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.
What's happening now
Sponsor introductory remarks on measure. (CR E69)
Committees of jurisdiction
1