HR 3776 · 97th Congress · Taxation
A bill to amend the Internal Revenue Code of 1954 to allow a deduction for certain life insurance premiums.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1981-06-03)
Plain Language Summary
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Amends the Internal Revenue Code to allow an individual taxpayer an income tax deduction for amounts paid for term life insurance. Places limitations on the amount of such deduction.…
Summarized by Claude AI · Non-partisan · For informational purposes only