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- H.R.3424
H.R.3424: To amend the Internal Revenue Code of 1986 to disallow the deduction for excess non-taxed reinsurance premiums with respect to United States risks paid to affiliates.
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about taxation
- Introduced July 30, 2009
- Latest Major Action July 31, 2009
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Summary
Amends the Internal Revenue Code to deny a tax deduction for excess reinsurance premiums with respect to U.S. risks paid to affiliated insurance companies that are not subject to U.S. taxation.
(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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Sponsor introductory remarks on measure.
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| July 30, 2009 |
Introduced in the House by Richard E. Neal (D-Mass.) |