S 992 · 108th Congress · Taxation

Life Insurance Tax Simplification Act of 2003

Introduced 2003-05-05· Sponsored by Sen. Nickles, Don [R-OK]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2003-05-05)

Plain Language Summary

[AI summary unavailable — showing source text] Life Insurance Tax Simplification Act of 2003 - 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 (3)

1 Democrat2 Republicans