HR 1591 · 96th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 relating to group-term life insurance purchased for employees.

Introduced 1979-01-29· Sponsored by Rep. Frenzel, Bill [R-MN-3]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1979-01-29)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to increase the amount of employer-paid group-term life insurance premiums excluded from the gross income of employees to $100,000.…

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