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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.

Introduced: March 10, 2017 Introduced by: Smith, Jason Republican · Missouri See on congress.gov
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) 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 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
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 Plain-English summary Congressional Research Service

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 February 6, 2017

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 6
All 6 Democratic 1 Republican 1
R
Budd, Ted
North Carolina · May 22, 2017
Hollingsworth, Trey
· Mar 10, 2017
Faso, John
· Feb 28, 2017
Paulsen, Erik
· Feb 28, 2017
 D
Larson, John B.
Connecticut · Feb 6, 2017
ROYCE, ED
· Feb 6, 2017
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 871: 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.. 115th Congress. Open America. https://openamerica.io/bill/115-HR-871/
MLA
"H.R. 871: 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.." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-871/.
Bluebook (legal)
H.R. 871, 115th Cong. (2026), https://openamerica.io/bill/115-HR-871/.
Markdown link
[H.R. 871: 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.](https://openamerica.io/bill/115-HR-871/)
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