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United States · Bill · S

S. 735 (108th)

Small Insurance Company Inflation Adjustment Act

referredUnited States· United States Congress· EN

Introduced

27 March 2003

Last action

Status

Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S4526-4527)

Sponsors

Subjects

Discovery layer

Source updated

18 August 2025

Summary

Small Insurance Company Inflation Adjustment Act - Amends Internal Revenue Code provisions concerning tax-exempt insurance companies (other than life insurance companies) to increase from $350,000 to $575,000 (adjusted annually for inflation) the maximum amount of premiums that may be written annually by such a company in order to remain tax-exempt. Raises the maximum amount of premiums that may be written annually by an insurance company (other than a life insurance company) to qualify for an alternative tax for small companies.

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Documents

3 official files

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Sources

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