Summary: H.R.2766 — 102nd Congress (1991-1992)All Information (Except Text)

There is one summary for H.R.2766. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (06/25/1991)

Amends the Internal Revenue Code and the Social Security Act to exclude from the social security tax on self-employment income amounts received by a former insurance salesman after retirement if: (1) such amounts are deferred or renewal commissions on policies sold before retirement; and (2) such salesman was not an employee for tax purposes.