Legal Benefits Tax Fairness Act of 2005
Last action on Mar 10, 2005Referred to the House Committee on Ways and Means.
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Summary
The Legal Benefits Tax Fairness Act of 2005 (H.R. 1231) proposed to change how employer-provided legal services are treated under federal tax law. If enacted, the bill would have allowed employees to exclude the full value of legal service plans provided by their employers from their taxable income. By making this tax exclusion permanent and removing previous spending limits, the bill aimed to make legal assistance more affordable and accessible for workers through their workplace benefit packages.
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