HR 661 · 107th Congress · Taxation

Life Insurance Tax Simplification Act of 2001

Introduced 2001-02-14· Sponsored by Rep. Houghton, Amo [R-NY-31]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2001-02-14)

Plain Language Summary

[AI summary unavailable — showing source text] Life Insurance Tax Simplification Act of 2001 - 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.…

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

Cosponsors (20)

9 Democrats11 Republicans
Rep. Neal, Richard E. [D-MA-2]MA
Rep. Kleczka, Gerald D. [D-WI-4]WI
Rep. Coyne, William J. [D-PA-14]PA
Rep. Crane, Philip M. [R-IL-8]IL
Rep. Johnson, Nancy L. [R-CT-6]CT
Rep. Herger, Wally [R-CA-2]CA
Rep. English, Phil [R-PA-21]PA
Rep. Tanner, John S. [D-TN-8]TN
Rep. Shaw, E. Clay, Jr. [R-FL-22]FL
Rep. Johnson, Sam [R-TX-3]TX
Rep. McNulty, Michael R. [D-NY-21]NY
Rep. Lewis, John [D-GA-5]GA
Rep. Cardin, Benjamin L. [D-MD-3]MD
Rep. Watkins, Wes [R-OK-3]OK
Rep. Foley, Mark [R-FL-16]FL
Rep. Ramstad, Jim [R-MN-3]MN
Rep. Weller, Jerry [R-IL-11]IL
Rep. Matsui, Robert T. [D-CA-5]CA
Rep. Rangel, Charles B. [D-NY-15]NY
Rep. Ryan, Paul [R-WI-1]WI