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S. 2644·105th Congress·Senate Bill

A bill to amend the Internal Revenue Code of 1986 to exclude certain severance payment amounts from income.

IntroducedTrack

Latest action (20 Oct 1998): Introduced

What this bill does

Plain-English summary

Generate a neutral, plain-English explanation of what this bill does, who it affects and what happens next — grounded in the official text.

Official summary

Amends the Internal Revenue Code to exclude from gross income a limited amount of qualified severance pay.

Common questions

What does S. 2644 do?
Amends the Internal Revenue Code to exclude from gross income a limited amount of qualified severance pay.
Has S. 2644 become law?
Not yet. As of 20 Oct 1998, S. 2644 is introduced.
Who sponsored S. 2644?
S. 2644 was sponsored by Sen. Robert Torricelli [D-NJ, 1997-2002] (Democrat-NJ), with 0 cosponsors.
What's the latest action on S. 2644?
Introduced (20 Oct 1998).

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