Congress 107 - HR 3001 - Displaced Older Worker Assistance Act of 2001

Sponsor

Cosponsors

Topics

Age and employment College costs Congress Congressional investigations Congressional reporting requirements Dislocated workers Education Employee training Foreign Trade and International Finance Higher education Income tax Labor and Employment Layoffs Occupational retraining Older workers Personal income tax Severance pay Social Welfare Tax credits Tax exclusion Tax refunds Taxation Vocational and technical education

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Summary

Displaced Older Worker Assistance Act of 2001-Amends the Internal Revenue Code to: (1) exclude certain severance payments from income; and (2) allow as a credit qualified job retraining expenses for certain older long-time employees who are laid off.

Directs the Comptroller General of the United States to study the special needs of displaced older workers.

Actions

Dec 3, 2001

Referred to the Subcommittee on 21st Century Competitiveness.
Oct 2, 2001

Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, 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.
Oct 2, 2001

Sponsor introductory remarks on measure. (CR E1773)
Oct 2, 2001

Introduced in House

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