Displaced Older Worker Assistance Act of 2001
Last action on Dec 3, 2001Referred to the Subcommittee on 21st Century Competitiven...
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Summary
Displaced Older Worker Assistance Act of 2001-Amends the Internal Revenue Code to: (1) exclude certain severance payments from income; and (2) allow as a credit qualified job retraining expenses for certain older long-time employees who are laid off.
Directs the Comptroller General of the United States to study the special needs of displaced older workers.
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