HR 6969 · 110th Congress · Taxation

To amend the Internal Revenue Code of 1986 to disallow the deduction for excess non-taxed reinsurance premiums with respect to United States risks paid to affiliates.

Introduced 2008-09-18· Sponsored by Rep. Neal, Richard E. [D-MA-2]· 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.(2008-09-18)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to deny a tax deduction for excess reinsurance premiums with respect to U.S. risks paid to affiliated insurance companies that are not subject to U.S. taxation.…

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