S 1202 · 93th Congress · Insurance

A bill to amend the Internal Revenue Code of 1954 to make clear the tax treatment intended for guaranteed renewable life, health, and accident insurance contracts in the case of life insurance companies.

Introduced 1973-03-14· Sponsored by Sen. Fannin, Paul J. [R-AZ]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Finance.(1973-03-14)

Plain Language Summary

[AI summary unavailable — showing source text] Redefines under Internal Revenue Code of 1954 the tax gain or loss treatment intended for guaranteed renewable life, health, and accident insurance contracts in the case of life insurance companies. (Amends 26 U.S.C. 809 (d) (5))…

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