H.R.5651: Puerto Rico Insurance Excise Tax Exemption Act of 2018

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Bill Summary

Puerto Rico Insurance Excise Tax Exemption Act of 2018 This bill amends the Internal Revenue Code to exempt from the foreign insurer excise tax certain insurance policies, indemnity bonds, annuity contracts, or reinsurance policies issued by partnerships or corporations created or organized under the laws of a U.S. territory or possession. The exemption applies unless any of the covered hazards, risks, losses, or liabilities are also covered...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with H.R.5651.

Bill Actions

Date Description
April 27, 2018
Referred to the House Committee on Ways and Means.
April 27, 2018
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