United States · Bill · HR
H.R. 3399 (111th)
To amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other companies.
Introduced
30 July 2009
Last action
—
Status
Referred to the House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
2 January 2025
Summary
Amends the Internal Revenue Code to allow affiliated life and non-life insurance companies to file consolidated tax returns. Allows: (1) the full application of losses of affiliated non-life insurance companies against the taxable income of an affiliated life insurance company to be phased in over five years; and (2) an automatic waiver of the the five-year waiting period applicable to affiliated non-life insurance companies for offset of their losses against life insurance company income.
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Votes
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Versions
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 30 July 2009
Introduced in House (PDF)
Introduced in House · EN · 30 July 2009
Introduced in House
summary · EN · 30 July 2009
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/111th-congress/house-bill/3399
- Open data entity: https://api.congress.gov/v3/bill/111/hr/3399