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- H.R.1788
H.R.1788: 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
- Introduced April 14, 2015
- Latest Major Action April 14, 2015
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
4 (1 Democrat, 3 Republicans)
Bill Summary
This bill 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 $2.2 million (from $1.2 million), with an annual inflation adjustment to such increased amount after 2015.
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
April 14, 2015 |
Referred to the House Committee on Ways and Means.
|
April 14, 2015 |
Introduced in the House by Erik Paulsen (R-Minn.) |