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- S.2048
S.2048: A bill to amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes.
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about taxation
- Introduced Jan. 31, 2012
- Latest Major Action Jan. 31, 2012
Bill Sponsor
Bill Summary
Amends the Internal Revenue Code, with respect to the tax treatment of certain life insurance contract transactions, to require reporting to the Internal Revenue Service (IRS) of: (1) information identifying persons who acquire a life insurance contract, or any interest therein, in a reportable policy sale; (2) information identifying a seller who transfers an interest in a life insurance contract and the seller's investment in the contract;...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Read twice and referred to the Committee on Finance.
|
|
| Jan. 31, 2012 |
Introduced in the Senate by Bob Casey (D-Pa.) |