HR 4427 · 96th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to allow an exemption for certain professional liability insurance organizations.

Introduced 1979-06-12· Sponsored by Rep. Holt, Marjorie S. [R-MD-4]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1979-06-12)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to confer tax-exempt status on nonprofit insurance organizations which are chartered to provide professional liability insurance to members of learned professions who are unable to attain such coverage through the commercial market.…

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