HR 1530 · 108th Congress 2003–2005, ended

Small Insurance Company Inflation Adjustment Act

Introduced Apr 1, 2003 Originated House Sponsor Jim Nussle R-IA

Fact sheet

Latest action · Apr 1, 2003 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.

IntroducedApr 1, 2003
Passed HouseNot reached
Passed SenateNot reached
To the PresidentNot reached
Became lawNot reached

Summary

Small Insurance Company Inflation Adjustment Act - Amends Internal Revenue Code provisions concerning tax-exempt insurance companies (other than life insurance companies) to increase from $350,000 to $575,000 (adjusted annually for inflation) the maximum amount of premiums that may be written annually by such a company in order to remain tax-exempt. Raises the maximum amount of premiums that may be written annually by an insurance company (other than a life insurance company) to qualify for an alternative tax for small companies.

Cosponsors 16

Members who signed on, in the order they did. Signatures ran from Apr 1, 2003 to Oct 15, 2003, with 5 there on the day it was introduced.

Seat	Cosponsor		Signed on
R-MN	Jim Ramstad	Original	Apr 1, 2003
D-KY	Ken Lucas	Original	Apr 1, 2003
R-WI	Mark Green	Original	Apr 1, 2003
R-TX	Ron Paul	Original	Apr 1, 2003
R-MO	Sam Graves	Original	Apr 1, 2003
R-MO	Roy Blunt		Apr 10, 2003
D-TN	Bart Gordon		May 21, 2003
R-IL	Donald A. Manzullo		May 21, 2003
R-MO	Jo Ann Emerson		May 21, 2003
R-OH	Patrick J. Tiberi		May 21, 2003
R-KY	Harold Rogers		Jun 10, 2003
R-TN	William L. Jenkins		Jun 10, 2003
R-IA	James A. Leach		Jun 18, 2003
R-IA	Tom Latham		Jun 18, 2003
D-MN	Collin C. Peterson		Jul 14, 2003

Show all 16 cosponsors

Actions 2

Everything that happened, newest first.

Apr 1, 2003Introduced in House
Apr 1, 2003Referred to the House Committee on Ways and Means.

Related bills 1

Companion bills and other measures the record links to this one.

Bill	Title	Relationship	Latest action
S 735	Small Insurance Company Inflation Adjustment Act	Identical bill	Mar 27, 2003

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.