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- H.R.6755
H.R.6755: To amend the Internal Revenue Code of 1986 to increase the alternative tax liability limitation for small property and casualty insurance companies.
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about taxation
- Introduced July 31, 2008
- Latest Major Action July 31, 2008
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
Amends the Internal Revenue Code to expand the eligibility of certain small insurance companies (other than life insurance companies) for the alternative corporate income tax by increasing the premium limitation used to determine such eligibility to $1.971 million (from $1.2 million), with an annual inflation adjustment to that increased amount after 2008.
(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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July 31, 2008 |
Introduced in the House by Earl Pomeroy (D-N.D.) |