Summary: H.R.1250 — 108th Congress (2003-2004)All Information (Except Text)

There is one summary for H.R.1250. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (03/12/2003)

Former Insurance Agents Tax Equity Act of 2003 - Amends the Internal Revenue Code and the Social Security Act with respect to the exemption from the self-employment tax for certain termination payments received by former insurance agents. Repeals the requirement that the amount of such a payment not depend to any extent on length of service or overall earnings from services performed for the former insurance company.