HR 871
115th Congress
House
Taxation
Bank accounts, deposits, capital
Foreign and international banking
Life, casualty, property insurance
To amend the Internal Revenue Code of 1986 to exempt premiums paid on non-cash-value property and casualty insurance from the taxes to enforce reporting on certain foreign accounts.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 6, 2017
Referred to the House Committee on Ways and Means.
Feb 6, 2017
Introduced in House
Plain-English summary
This bill amends the Internal Revenue Code to exempt premiums paid on non-cash-value property and casualty insurance policies from taxes to enforce reporting on certain foreign accounts.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1