Skip to main content
HR 668 102th Congress House Taxation Disabled Families Income tax Insurance premiums Life insurance Support of dependents Tax deductions Trusts and trustees

To allow a deduction for the amount of the premiums paid on a life insurance contract the beneficiary of which is a trust established for the benefit of a disabled individual, and for other purposes.

Introduced: January 28, 1991 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 28, 1991
Referred to the House Committee on Ways and Means.
Jan 28, 1991
Introduced in House
 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to permit an individual income tax deduction of premiums paid or incurred by the taxpayer for a life insurance contract having as its exclusive beneficiary the trust of disabled members of the taxpayer's family. Sets forth qualifying criteria for such contracts and for their beneficiary trusts.

What's happening now January 28, 1991

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1