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HR 2417 97th Congress House Taxation Business and commerce Employee benefit plans Income tax Insurance Labor and Employment Life insurance Tax exclusion

A bill to amend the Internal Revenue Code of 1954 to increase to $150,000 the amount of group-term life insurance which may be provided by an employer and excluded from the gross income of an employee.

Introduced: March 10, 1981 See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 10, 1981
Introduced in House
Mar 10, 1981
Referred to House Committee on Ways and Means.
 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to increase the amount of employer-paid group-term life insurance premiums excluded from the gross income of employees.

What's happening now March 10, 1981

Referred to House Committee on Ways and Means.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1