Skip to main content
HR 3424 111th Congress House

To amend the Internal Revenue Code of 1986 to disallow the deduction for excess non-taxed reinsurance premiums with respect to United States risks paid to affiliates.

Introduced: July 30, 2009 Introduced by: Neal, Richard E. Democratic · Massachusetts See on congress.gov
Taxation Foreign and international corporationsIncome tax deductionsInsurance industry and regulation
Sign in to write a letter Sign in to watch
This bill died when the 111th Congress ended
It never became law before the 111th Congress (2009–2010) 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
Jul 31, 2009
Sponsor introductory remarks on measure. (CR E2111-2112)
Jul 30, 2009
Referred to the House Committee on Ways and Means.
Jul 30, 2009
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.

 Latest action July 31, 2009

Sponsor introductory remarks on measure. (CR E2111-2112)

 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to deny a tax deduction for excess reinsurance premiums with respect to U.S. risks paid to affiliated insurance companies that are not subject to U.S. taxation.

 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. 3424: To amend the Internal Revenue Code of 1986 to disallow the deduction for excess non-taxed reinsurance premiums with respect to United States risks paid to affiliates.. 111th Congress. Open America. https://openamerica.io/bill/111-HR-3424/
MLA
"H.R. 3424: To amend the Internal Revenue Code of 1986 to disallow the deduction for excess non-taxed reinsurance premiums with respect to United States risks paid to affiliates.." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-HR-3424/.
Bluebook (legal)
H.R. 3424, 111th Cong. (2026), https://openamerica.io/bill/111-HR-3424/.
Markdown link
[H.R. 3424: To amend the Internal Revenue Code of 1986 to disallow the deduction for excess non-taxed reinsurance premiums with respect to United States risks paid to affiliates.](https://openamerica.io/bill/111-HR-3424/)
Report a problem