Holocaust Victims Tax Fairness Act of 2001

Fact Sheet API

Bill Number

HR 1940

Introduced

May 22, 2001

Latest Action

Referred to the Subcommittee on Government Efficiency, Financial Management and Intergovernmental Relations.

Sponsor

Cosponsors

Topics

Compensation for victims of crime Crime and Law Enforcement Economics and Public Finance Europe Finance and Financial Sector Germany Government liability (International law) Government Operations and Politics Government trust funds History Income tax Insurance Interest International Affairs International claims Jewish holocaust (1939-1945) Nazism Old age, survivors and disability insurance Personal income tax Social security beneficiaries Social Welfare Switzerland Tax exclusion Taxation Valuation Welfare eligibility World War II

Full Text

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Votes

Summary

Holocaust Victims Tax Fairness Act of 2001 - Excludes from gross income and from adjusted gross income computations which consider excluded income (including Social Security benefits) specified restitution payments received by persons (or heirs) persecuted for racial or religious reasons by Nazi Germany, its allied or controlled countries, or any other Axis regime.

Excludes such payments from eligibility and benefits determinations for purposes of Federal or federally assisted means-tested programs.

Actions

May 30, 2001

Referred to the Subcommittee on Government Efficiency, Financial Management and Intergovernmental Relations.
May 22, 2001

Referred to the Committee on Ways and Means, and in addition to the Committee on Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
May 22, 2001

Introduced in House

Amendments

Related Bills