S 395 · 94th Congress · Taxation

A bill to amend section 1504 of the Internal Revenue Code of 1954, as amended.

Introduced 1975-01-27· Sponsored by Sen. Ribicoff, Abraham A. [D-CT]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Finance.(1975-01-27)

Plain Language Summary

[AI summary unavailable — showing source text] Eliminates the special restrictions on domestic insurance companies presently requiring them to be treated in the same way as includible corporations for purposes of limiting affiliated corporate groups to one $25,000 surtax exemption.…

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