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United States · Bill · HR

H.R. 4862 (100th)

A bill to amend the Internal Revenue Code of 1986 to permit variable contracts to be invested in government securities.

referredUnited States· United States Congress· EN

Introduced

20 June 1988

Last action

Status

Referred to House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

7 February 2024

Summary

Amends the Internal Revenue Code to provide that, in cases of securities issued or guaranteed by the U.S. Government, each independent agency shall be treated as a separate issuer for purposes of the diversification test applied in connection with variable contracts based on segregated asset accounts of life insurance companies.

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Documents

1 official file

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Sources

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