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- H.R.3301
H.R.3301: 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 111th Congress
- This bill is primarily about taxation
- Introduced July 22, 2009
- Latest Major Action July 22, 2009
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
22 (10 Democrats, 13 Republicans)
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 $2.025 million (from $1.2 million), with an annual inflation adjustment after 2010.
(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 22, 2009 |
Introduced in the House by Earl Pomeroy (D-N.D.) |