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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
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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 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
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 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: (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 September 23, 1994

Sponsor introductory remarks on measure. (CR E1926)

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 2 Independent 1
I
Sanders, Bernard
Vermont · Sep 20, 1994
 D
Velázquez, Nydia M.
New York · Sep 20, 1994
 D
Waters, Maxine
California · Sep 20, 1994
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5064: Insurance Tax Fairness Act of 1994. 103rd Congress. Open America. https://openamerica.io/bill/103-HR-5064/
MLA
"H.R. 5064: Insurance Tax Fairness Act of 1994." 103rd Congress, 2026, Open America, https://openamerica.io/bill/103-HR-5064/.
Bluebook (legal)
H.R. 5064, 103rd Cong. (2026), https://openamerica.io/bill/103-HR-5064/.
Markdown link
[H.R. 5064: Insurance Tax Fairness Act of 1994](https://openamerica.io/bill/103-HR-5064/)
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