HR 1789 · 107th Congress · Taxation

To amend the Internal Revenue Code of 1986 to exempt from income tax State-created organizations providing property and casualty insurance for property for which such coverage is otherwise unavailable.

Introduced 2001-05-09· Sponsored by Rep. Shaw, E. Clay, Jr. [R-FL-22]· House

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Latest: Referred to the House Committee on Ways and Means.(2001-05-09)

Plain Language Summary

[AI summary unavailable — showing source text] Exempts an organization from income tax if it is created by a State to provide property and casualty insurance coverage for property for which such coverage is otherwise unavailable.…

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

To amend the Internal Revenue Code of 1986 to exempt from income tax State-created organizations providing property and casualty insurance for property for which such coverage is otherwise unavailable.

Bill Progress

Plain Language Summary

Cosponsors (20)