To amend the Internal Revenue Code of 1986 to clarify that certain settlement funds established under the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 are beneficially owned by the United States and are not subject to tax.
About This Bill
Committee
Latest Action · February 13, 2003
Referred to the House Committee on Ways and Means.
Amends the Internal Revenue Code to exempt from tax certain settlement funds established under the Comprehensive Environmental Response, Compensation, and Liability Act of 1980.
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