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- H.R.377
H.R.377: Insuring Families for Their Future Act of 2007
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about taxation
- Introduced Jan. 10, 2007
- Latest Major Action Jan. 10, 2007
- See the eight similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
Insuring Families for Their Future Act of 2007 - Amends the Internal Revenue Code to increase from $50,000 to $320,000 the amount of employer-provided group term life insurance that an employee can exclude from gross income. Indexes the $320,000 amount for inflation for taxable years beginning after 2007.
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Ways and Means.
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Jan. 10, 2007 |
Introduced in the House by Michael C. Burgess (R-Texas) |