HR 1908
107th Congress
House
Taxation
Business income tax
Casualty insurance
Commerce
Cost of living adjustments
Economics and Public Finance
Finance and Financial Sector
Income tax
Indexing (Economic policy)
Insurance companies
Insurance premiums
Property insurance
Small business
Tax-exempt organizations
To amend the Internal Revenue Code of 1986 to clarify the exemption from tax for small property and casualty insurance companies.
Introduced: May 17, 2001
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 17, 2001
Referred to the House Committee on Ways and Means.
May 17, 2001
Introduced in House
Plain-English summary
Amends Internal Revenue Code provisions concerning tax-exempt insurance companies to increase from $350,000 to $551,000 (adjusted annually for inflation) the maximum amount of premiums that may be written annually by such a company in order to remain tax-exempt.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1