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H.R. 154

BillFederalHouseIntroduced
Workers Severance Tax Reduction Act of 2009
About This Bill
Introduced
Latest Action · January 13, 2009
Sponsor introductory remarks on measure. (CR E69)
Congress
111th (2009–2011)
Introduced
January 6, 2009
Cosponsors (28)
15D 13R
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Summary

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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.

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