HR 1810 · 110th Congress · Taxation

To amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other companies.

Introduced 2007-03-29· Sponsored by Rep. Larson, John B. [D-CT-1]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2007-03-29)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow affiliated life and non-life insurance companies to file consolidated tax returns. Allows: (1) a phasein, between 2007 and 2013, of the full application of losses of affiliated non-life insurance companies against the taxable income of an affiliated life insurance company; and (2) an automatic waiver of the five-year waiting period applicable to affiliated non-life insurance companies for offset of their losses against life insurance company income.…

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

Cosponsors (20)

8 Democrats12 Republicans
Rep. Ramstad, Jim [R-MN-3]MN
Rep. McNulty, Michael R. [D-NY-21]NY
Rep. Lewis, John [D-GA-5]GA
Rep. Jones, Stephanie Tubbs [D-OH-11]OH
Rep. Davis, Artur [D-AL-7]AL
Rep. Pomeroy, Earl [D-ND-At Large]ND
Rep. Schwartz, Allyson Y. [D-PA-13]PA
Rep. Johnson, Sam [R-TX-3]TX
Rep. Hulshof, Kenny C. [R-MO-9]MO
Rep. English, Phil [R-PA-3]PA
Rep. Weller, Jerry [R-IL-11]IL
Rep. Lewis, Ron [R-KY-2]KY
Rep. Herger, Wally [R-CA-2]CA
Rep. Brady, Kevin [R-TX-8]TX
Rep. Cantor, Eric [R-VA-7]VA
Rep. Emanuel, Rahm [D-IL-5]IL
Rep. Meek, Kendrick B. [D-FL-17]FL
Rep. Tiberi, Patrick J. [R-OH-12]OH
Rep. Reynolds, Thomas M. [R-NY-26]NY
Rep. Camp, Dave [R-MI-4]MI