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
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
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Plain-English summary
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
Referred to the House Committee on Ways and Means.
Bill text
1 version
- Introduced in House Formatted Text PDF
Committees of jurisdiction
1
Cosponsors
1
Cite this page
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/
"H.R. 661: Life Insurance Tax Simplification Act of 2001." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-HR-661/.
H.R. 661, 107th Cong. (2026), https://openamerica.io/bill/107-HR-661/.
[H.R. 661: Life Insurance Tax Simplification Act of 2001](https://openamerica.io/bill/107-HR-661/)