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- H.R.2198
H.R.2198: 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 112th Congress
- This bill is primarily about taxation
- Introduced June 15, 2011
- Latest Major Action June 15, 2011
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
45 (9 Democrats, 36 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 2012.
(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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June 15, 2011 |
Introduced in the House by Erik Paulsen (R-Minn.) |