HR 1755 · 107th Congress · Taxation

Reinsurance Tax Equity Act of 2001

Introduced 2001-05-08· Sponsored by Rep. Johnson, Nancy L. [R-CT-6]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2001-05-08)

Plain Language Summary

[AI summary unavailable — showing source text] Reinsurance Tax Equity Act of 2001 - Amends the Internal Revenue Code to deny, to domestic nonlife insurance companies, the deduction of return premiums and premiums paid for reinsurance from the amount of gross premiums written on insurance contracts during the taxable year for premiums paid for the direct or indirect reinsurance of United States risks with a related reinsurer.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Democrat
Rep. Neal, Richard E. [D-MA-2]MA