William H. Frist said "In February of this year, a constituent wrote me to express his concerns about the negative impact expansion of the ``kiddie tax'' would have upon his family, and more specifically his quadriplegic daughter. His daughter's assets are in a trust administered by an independent third party trust department of an investment firm. The assets were awarded to his daughter by a court by law pursuant to a settlement agreement after she suffered from injuries at birth. The assets in his daughter's trust are to be used to provide her income after she should have been able to move into the work force. The funds will help pay for medical care and personal caregiver services. The situation is described in more detail in a letter to me from my constituent, Mr. Gary Domm." @ PoliticalQuotes.com

On the recordMay 11, 2004

In February of this year, a constituent wrote me to express his concerns about the negative impact expansion of the ``kiddie tax'' would have upon his family, and more specifically his quadriplegic daughter. His daughter's assets are in a trust administered by an independent third party trust department of an investment firm. The assets were awarded to his daughter by a court by law pursuant to a settlement agreement after she suffered from injuries at birth. The assets in his daughter's trust are to be used to provide her income after she should have been able to move into the work force. The funds will help pay for medical care and personal caregiver services. The situation is described in more detail in a letter to me from my constituent, Mr. Gary Domm.

Said by

William H. Frist

Tennessee

Source

govinfo.gov

Editor's note · Context

Discussing the impact of the expansion of the 'kiddie tax' on a constituent's family during Senate floor debate.

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