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- H.R.1178
H.R.1178: To amend the Internal Revenue Code of 1986 with respect to the treatment of effectively connected investment income of insurance companies.
About This Bill
- This bill was introduced in the 104th Congress
- This bill is primarily about taxation
- Introduced March 9, 1995
- Latest Major Action July 12, 1995
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
3 (All Democrats)
Bill Summary
Amends the Internal Revenue Code to revise provisions determining the effectively connected net investment income of foreign companies carrying on insurance business in the United States. Requires such companies to recompute their effectively connected net investment income for taxable years beginning after December 31, 1987. Provides for increases (or decreases, as appropriate) in such income where the recomputed amount exceeds (or is less...
(Source: Library of Congress)
Bill Actions
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Referred to the House Committee on Ways and Means.
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Committee Hearings Held.
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Committee Hearings Held.
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| March 9, 1995 |
Introduced in the House by Dave Camp (R-Mich.) |