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HR 4510 103th Congress House

Insurance Tax Fairness Act of 1994

Official title: To amend the Internal Revenue Code of 1986 to revise the limitation applicable to mutual life insurance companies on the deduction for policyholder dividends a… Show full official titleShow less

Official title: To amend the Internal Revenue Code of 1986 to revise the limitation applicable to mutual life insurance companies on the deduction for policyholder dividends and to exempt small life insurance companies from the required capitalization of certain policy acquisition expenses.

Introduced: May 26, 1994 See on congress.gov
Taxation Agriculture and FoodChild nutritionChild welfareCommerce
More subjectsShow fewer subjects
Corporation taxesDividendsEconomics and Public FinanceEducationElementary and secondary educationElementary educationFamiliesFederal aid to educationFederal aid to housingFinance and Financial SectorHousing and Community DevelopmentIncome taxInsurance companiesLife insuranceMutual funds
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This bill died when the 103rd Congress ended
It never became law before the 103rd Congress (1993–1994) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 23, 1994
Sponsor introductory remarks on measure. (CR E1926)
May 26, 1994
Referred to the House Committee on Ways and Means.
May 26, 1994
Sponsor introductory remarks on measure. (CR H4144)
May 26, 1994
Introduced in House
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 Latest action September 23, 1994

Sponsor introductory remarks on measure. (CR E1926)

 Plain-English summary Congressional Research Service

Insurance Tax Fairness Act of 1994 - Amends the Internal Revenue Code to revise the method for determining the limitation on the deduction of policyholder dividends by mutual life insurance companies.

Exempts small life insurance companies from the required capitalization of certain policy acquisition expenses.

Expresses the sense of the Congress that revenues resulting from this Act be dedicated to the funding of programs benefiting the nutrition, early education, housing, and family support of the Nation's children.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 3
D
Norton, Eleanor Holmes
District of Columbia · May 26, 1994
 D
Velázquez, Nydia M.
New York · May 26, 1994
 D
Waters, Maxine
California · May 26, 1994
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4510: Insurance Tax Fairness Act of 1994. 103rd Congress. Open America. https://openamerica.io/bill/103-HR-4510/
MLA
"H.R. 4510: Insurance Tax Fairness Act of 1994." 103rd Congress, 2026, Open America, https://openamerica.io/bill/103-HR-4510/.
Bluebook (legal)
H.R. 4510, 103rd Cong. (2026), https://openamerica.io/bill/103-HR-4510/.
Markdown link
[H.R. 4510: Insurance Tax Fairness Act of 1994](https://openamerica.io/bill/103-HR-4510/)
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