To amend the Internal Revenue Code of 1986 to provide for the proper tax treatment of variable contracts issued by life insurance companies subject to the laws of Puerto Rico.

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Bill Number

HR 2180

Introduced

May 5, 2005

Latest Action

Referred to the House Committee on Ways and Means.

Sponsor

Cosponsors

Topics

Accounting Annuities Commerce Contracts Federal-territorial relations Finance and Financial Sector Government Operations and Politics Income tax Insurance companies Labor and Employment Life insurance Puerto Rico State laws Taxation

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Votes

Summary

Amends the Internal Revenue Code to extend provisions for the tax treatment of variable contracts to contracts issued by life insurance companies subject to the law or regulation of Puerto Rico.

Actions

May 5, 2005

Referred to the House Committee on Ways and Means.
May 5, 2005

Introduced in House

Amendments

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