A bill to reinstate the tax treatment with respect to annuity contracts with reserves based on a segregated asset account as they existed prior to issuance of Revenue Ruling 77-85.

Summary

Reverses Revenue Ruling 77-85 in order to restore the tax treatment formerly extended policy holders receiving dividends and interest on custodial account annuity contracts and the insurance companies maintaining the assets.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 20 March 1978

   Introduced

   Introduced in House

   Source: IntroReferral

2. 20 March 1978

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

3. 20 March 1978

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 20 March 1978

  Open at official source

Sponsors

• Rep. Edwards, Jack [R-AL-1] · R · Sponsor
• · hswm00 · Standing

Related records

• related to → A bill to reinstate the Tax treatment with respect to annuity contracts with reserves based on a segregated asset account as they existed prior to issuance of Revenue Ruling 77-85.