HR 1530
108th Congress
House
Taxation
Casualty insurance
Commerce
Corporation taxes
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
Small Insurance Company Inflation Adjustment Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 1, 2003
Referred to the House Committee on Ways and Means.
Apr 1, 2003
Introduced in House
Ask about this bill
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.
Plain-English summary
Small Insurance Company Inflation Adjustment Act - Amends Internal Revenue Code provisions concerning tax-exempt insurance companies (other than life insurance companies) to increase from $350,000 to $575,000 (adjusted annually for inflation) the maximum amount of premiums that may be written annually by such a company in order to remain tax-exempt. Raises the maximum amount of premiums that may be written annually by an insurance company (other than a life insurance company) to qualify for an alternative tax for small companies.
What's happening now
Referred to the House Committee on Ways and Means.
Related & companion bills
1
Bill text
1 version
- Introduced in House Formatted Text PDF
Committees of jurisdiction
1
Cosponsors
2
Cite this page
U.S. Congress. (2026). H.R. 1530: Small Insurance Company Inflation Adjustment Act. 108th Congress. Open America. https://openamerica.io/bill/108-HR-1530/
"H.R. 1530: Small Insurance Company Inflation Adjustment Act." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-HR-1530/.
H.R. 1530, 108th Cong. (2026), https://openamerica.io/bill/108-HR-1530/.
[H.R. 1530: Small Insurance Company Inflation Adjustment Act](https://openamerica.io/bill/108-HR-1530/)