HR 5064
103th Congress
House
Taxation
Accounting
Agriculture and Food
Child nutrition
Child welfare
Commerce
Corporation taxes
Dividends
Education
Elementary and secondary education
Elementary education
Families
Finance and Financial Sector
Health
Housing and Community Development
Income tax
Insurance companies
Life insurance
Mutual funds
Preschool education
Insurance Tax Fairness Act of 1994
Introduced: September 20, 1994
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 23, 1994
Sponsor introductory remarks on measure. (CR E1926)
Sep 20, 1994
Referred to the House Committee on Ways and Means.
Sep 20, 1994
Introduced in House
Plain-English summary
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: (1) programs benefiting the nutrition, early education, housing, and family support of the Nation's children; and (2) additional health benefits.
What's happening now
Sponsor introductory remarks on measure. (CR E1926)
Committees of jurisdiction
1