A bill to amend the Internal Revenue Code of 1986 to provide that the gross income exclusion with respect to personal injury liability assignments shall apply where the plaintiff becomes a secured creditor of the assignee.

referredUnited States· United States Congress· EN

Introduced

17 March 1988

Last action

—

Status

Referred to House Committee on Ways and Means.

Summary

Amends the Internal Revenue Code to exclude from gross income any amount of assignments of personal injury liability payments whose recipient becomes a secured creditor of the assignee.

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Documents

1 official file

Introduced in House
summary · EN · 17 March 1988
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/100th-congress/house-bill/4191
Open data entity: https://api.congress.gov/v3/bill/100/hr/4191