Skip to main content
HR 661 107th Congress House Taxation Business income tax Commerce Dividends Finance and Financial Sector Income tax Insurance companies Life insurance Mutual funds Stockholders Tax deductions Tax deferral

Life Insurance Tax Simplification Act of 2001

Introduced: February 14, 2001 See on congress.gov
This bill died when the 107th Congress ended
It never became law before the 107th Congress (2001–2002) 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
Feb 14, 2001
Referred to the House Committee on Ways and Means.
Feb 14, 2001
Sponsor introductory remarks on measure. (CR E194)
Feb 14, 2001
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Plain-English summary Congressional Research Service
Life Insurance Tax Simplification Act of 2001 - Amends the Internal Revenue Code to repeal provisions: (1) providing for the reduction in certain deductions of mutual life insurance companies; and (2) relating to distributions to shareholders from pre-1984 policyholders surplus accounts.
What's happening now February 14, 2001

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 661: Life Insurance Tax Simplification Act of 2001. 107th Congress. Open America. https://openamerica.io/bill/107-HR-661/
MLA
"H.R. 661: Life Insurance Tax Simplification Act of 2001." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-HR-661/.
Bluebook (legal)
H.R. 661, 107th Cong. (2026), https://openamerica.io/bill/107-HR-661/.
Markdown link
[H.R. 661: Life Insurance Tax Simplification Act of 2001](https://openamerica.io/bill/107-HR-661/)
Report a problem