US Congress House Bill 1788 (Prior Session Legislation)

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Sponsorship: Moderate Partisan Bill (Republican 4-1)
Status: Introduced on April 14 2015 - 25% progression, died in committee
Action: 2015-04-14 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

To amend the Internal Revenue Code of 1986 to increase the alternative tax liability limitation for small property and casualty insurance companies. This bill amends the Internal Revenue Code to expand the eligibility of certain small insurance companies (other than life insurance companies) for the alternative corporate income tax by increasing the premium limitation used to determine such eligibility to $2.2 million (from $1.2 million), with an annual inflation adjustment to such increased amount after 2015.

To amend the Internal Revenue Code of 1986 to increase the alternative tax liability limitation for small property and casualty insurance companies.

Rep. Erik Paulsen [R-MN]	Rep. Ron Kind [D-WI]	Rep. David Young [R-IA]	Rep. Adam Kinzinger [R-IL]
Rep. John Kline [R-MN]

Date	Chamber	Action
2015-04-14	House	Referred to the House Committee on Ways and Means.
2015-04-14	House	Introduced in House

SB905 (Related) 2015-04-14 - Placed on Senate Legislative Calendar under General Orders. Calendar No. 39.

Type	Source
Summary	https://www.congress.gov/bill/114th-congress/house-bill/1788/all-info
Text	https://www.congress.gov/114/bills/hr1788/BILLS-114hr1788ih.pdf