HR 4314: Structured Settlement Protection Act

Congress: 105 · Status: active · Israel/Palestine classification: neutral

Data (JSON) — machine-readable record of this bill (identifiers, sponsor, classification, actions, and the member-by-member vote breakdown).

Sponsor: Rep. Shaw, E. Clay, Jr. [R-FL-22] (R-FL)

Summary

Structured Settlement Protection Act - Amends the Internal Revenue Code to: (1) impose an excise tax on persons acquiring structured settlement payments in factoring transactions; and (2) set forth related reporting requirements.

Cosponsors (18)

• Neal, Richard E. (D-Massachusetts)
• Sen. Cardin, Benjamin L. [D-MD] (D-MD)
• Sen. Portman, Rob [R-OH] (R-OH)
• Rep. Levin, Sander M. [D-MI-9] (D-MI)
• Rep. McDermott, Jim [D-WA-7] (D-WA)
• Rep. Lewis, John [D-GA-5] (D-GA)
• Rep. Stark, Fortney Pete [D-CA-13] (D-CA)
• Sen. Bunning, Jim [R-KY] (R-KY)
• Rep. Ramstad, Jim [R-MN-3] (R-MN)
• Rep. Weller, Jerry [R-IL-11] (R-IL)
• Rep. Hayworth, J. D. [R-AZ-5] (R-AZ)
• Rep. Kleczka, Gerald D. [D-WI-4] (D-WI)
• Rep. Matsui, Robert T. [D-CA-5] (D-CA)
• Rep. Johnson, Nancy L. [R-CT-6] (R-CT)
• Rep. Houghton, Amo [R-NY-31] (R-NY)
• Rep. Thurman, Karen L. [D-FL-5] (D-FL)
• Rep. Skeen, Joe [R-NM-2] (R-NM)
• Rep. Kennelly, Barbara B. [D-CT-1] (D-CT)