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United States · Bill · S

S. 992 (107th)

A bill to amend the Internal Revenue Code of 1986 to repeal the provision taxing policy holder dividends of mutual life insurance companies and to repeal the policyholders surplus account provisions.

referredUnited States· United States Congress· EN

Introduced

6 June 2001

Last action

6 June 2001 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Sen. Nickles, Don [R-OK], Sen. Conrad, Kent [D-ND], Sen. Frist, William H. [R-TN], Sen. Torricelli, Robert G. [D-NJ], Sen. Hutchinson, Tim [R-AR], Sen. Schumer, Charles E. [D-NY], Sen. Kyl, Jon [R-AZ], Sen. Dodd, Christopher J. [D-CT], Sen. Lieberman, Joseph I. [ID-CT], Sen. Kerry, John F. [D-MA], Sen. Snowe, Olympia J. [R-ME], Sen. Hatch, Orrin G. [R-UT], Sen. Bennett, Robert F. [R-UT], Sen. Clinton, Hillary Rodham [D-NY]

Subjects

Taxation

Source updated

14 January 2025

Taxation

Summary

Amends the Internal Revenue Code to repeal provisions: (1) providing for the reduction in certain deductions of mutual life insurance companies; and (2) relating to distributions to shareholders from pre-1984 policyholders surplus accounts.

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

Timeline

  1. 6 June 2001

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 6 June 2001

    Introduced

    Sponsor introductory remarks on measure. (CR S5903)

    Source: IntroReferral

  3. 6 June 2001

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 6 June 2001

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 6 June 2001

    ViewDownloadOpen at official source

    Leesvertaling

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  • Introduced in Senate

    summary · EN · 6 June 2001

    Open at official source

    Leesvertaling

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Sponsors

Related records

No cross-record relationships stored yet.

Sources

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