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- S.992
S.992: A bill to amend the Internal Revenue Code of 1986 to repeal the provision taxing policy holder dividends of mutual life insurance companies and to repeal the policyholders surplus account provisions.
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about taxation
- Introduced June 6, 2001
- Latest Major Action June 6, 2001
Bill Sponsor
Bill Cosponsors
13 (7 Democrats, 7 Republicans)
Bill Summary
Amends the Internal Revenue Code to repeal provisions: (1) providing for the reduction in certain deductions of mutual life insurance companies; and (2) relating to distributions to shareholders from pre-1984 policyholders surplus accounts.
(Source: Library of Congress)
Bill Actions
Date | Description |
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Read twice and referred to the Committee on Finance.
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Sponsor introductory remarks on measure.
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June 6, 2001 |
Introduced in the Senate by Don Nickles (R-Okla.) |