Summary: H.R.2492 — 105th Congress (1997-1998)All Information (Except Text)

There is one summary for H.R.2492. Bill summaries are authored by CRS.

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Introduced in House (09/17/1997)

Career Transition Assistance Act of 1997 - Amends the Internal Revenue Code to: (1) exclude from gross income a limited amount of qualified severance pay; and (2) permit a limited credit for qualified job training expenses for certain individuals over the age of 50 who have been laid off.