HOUSE 871115th CongressReferred to the House Committee on Ways and Means.

To amend the Internal Revenue Code of 1986 to exempt premiums paid on non-cash-value property and casualty insurance from the taxes to enforce reporting on certain foreign accounts.

Last Action: 2/6/2017

Actions

2017-02-06Referred to the House Committee on Ways and Means.
2017-02-06Introduced in House
2017-02-06Introduced in House

CRS Summary

As of 2017-02-06 (00)

This bill amends the Internal Revenue Code to exempt premiums paid on non-cash-value property and casualty insurance policies from taxes to enforce reporting on certain foreign accounts.

Cosponsors (6)

JOHN LARSON (D-CT)
ED ROYCE (R-CA)
John Faso (R-NY)
Erik Paulsen (R-MN)
Trey Hollingsworth (R-IN)
Ted Budd (R-NC)

Subjects

Bank accounts, deposits, capital
Foreign and international banking
Life, casualty, property insurance

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