A bill to amend the Internal Revenue Code of 1986 to provide that the exclusion from gross income for foster care payments shall also apply to payments by qualifying placement agencies, and for other purposes.
Amends the Internal Revenue Code to provide that the exclusion of State or local government foster care payments from the gross income of foster care providers shall also apply to payments by qualifying placement agencies.
Actions
May 23, 2001
Read twice and referred to the Committee on Finance.
May 23, 2001
Sponsor introductory remarks on measure. (CR S5548)