H.R. 4303, To amend the Internal Revenue Code of 1986 to exclude from gross income rewards received for information provided with respect to violations of Federal criminal law

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H.R. 4303 would amend the Internal Revenue Code of 1986 to exclude from gross income rewards received for information provided with respect to violations of Federal criminal law.

Detailed Summary

Amends the Internal Revenue Code to exclude from gross income payments received from a state or federal law enforcement agency for information relating to the violation of a federal criminal law.

Status of the Legislation

Latest Major Action: 12/6/2007: Referred to House committee. Status: Referred to the House Committee on Ways and Means.

Points in Favor

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Points Against

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