H.R. 2127 · 108th Congress
Taxpayer Savings and Employee Notification Act of 2003
- Stage
- In committee
- Sponsor
- Rahm Emanuel
- Introduced
- 2003-05-15
- Latest action
- 2003-06-20 · Referred to the Subcommittee on Employer-Employee Relations.
Summary
Taxpayer Savings and Employee Notification Act of 2003 - Amends the Internal Revenue Code to include in gross income from nonqualified company-owned life insurance contracts (as defined by this Act) income and death benefits (amounts exceeding reported income and premiums).States that violations of such provisions shall be treated as a violation of an unfair or deceptive act or practice under the Federal Trade Commission Act.