To amend the Internal Revenue Code of 1986 to increase the dollar limitation on employer-provided group term life insurance that can be excluded from the gross income of the employee.

Summary

Amends the Internal Revenue Code to increase from $50,000 to $375,000 the amount of employer-provided group term life insurance that an employee can exclude from gross income. Indexes the $375,000 amount for inflation for taxable years beginning after 2013.

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Timeline

1. 18 April 2013

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 18 April 2013

   Introduced

   Introduced in House

   Source: IntroReferral

3. 18 April 2013

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 18 April 2013 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 18 April 2013

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 18 April 2013

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 18 April 2013

  Open at official source

Sponsors

• Michael Burgess · R · Sponsor
• · hswm00 · Standing

Related records

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