HR 1908 · 107th Congress 2001–2003, ended

To amend the Internal Revenue Code of 1986 to clarify the exemption from tax for small property and casualty insurance companies.

Introduced May 17, 2001 Originated House Sponsor Jim Nussle R-IA

Fact sheet

Latest action · May 17, 2001 Referred to the House Committee on Ways and Means.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

IntroducedMay 17, 2001
Passed HouseNot reached
Passed SenateNot reached
To the PresidentNot reached
Became lawNot reached

Summary

Amends Internal Revenue Code provisions concerning tax-exempt insurance companies to increase from $350,000 to $551,000 (adjusted annually for inflation) the maximum amount of premiums that may be written annually by such a company in order to remain tax-exempt.

Cosponsors 26

Members who signed on, in the order they did. Signatures ran from May 17, 2001 to Sep 10, 2002, with 2 there on the day it was introduced.

Seat	Cosponsor		Signed on
D-ND	Earl Pomeroy	Original	May 17, 2001
R-MN	Jim Ramstad	Original	May 17, 2001
R-TN	John J. Duncan, Jr.		May 22, 2001
R-MO	Roy Blunt		Jun 12, 2001
R-MO	Sam Graves		Jun 19, 2001
R-IA	Tom Latham		Jul 10, 2001
R-MT	Denny Rehberg		Sep 12, 2001
R-KY	Harold Rogers		Sep 13, 2001
R-ID	C. L. (Butch) Otter		Apr 9, 2002
D-KY	Ken Lucas		Apr 9, 2002
R-PA	Phil English		Apr 9, 2002
R-IL	Ray LaHood		Apr 9, 2002
R-IN	Dan Burton		Apr 18, 2002
R-GA	Jack Kingston		Apr 18, 2002
R-IN	Mark E. Souder		Apr 18, 2002

Show all 26 cosponsors

Actions 2

Everything that happened, newest first.

May 17, 2001Introduced in House
May 17, 2001Referred to the House Committee on Ways and Means.

Subjects

Assigned by the Library of Congress. Policy area: Taxation.

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.