Bill Type
Congress Name
Long Title
AN ACT ABOLISHING THE PREMIUM TAX AND DOCUMENTARY STAMP TAX ON LIFE INSURANCE POLICIES AND ANNUITIES REPEALING FOR THE PURPOSE SECTIONS 123 AND 183, AND AMENDING SECTION 186 OF THE NATIONAL INTERNAL REVENUE CODE, AS AMENDED
Date filed
August 6, 1998
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB01895 | |
| FULL TITLE : AN ACT ABOLISHING THE PREMIUM TAX AND DOCUMENTARY STAMP TAX ON LIFE INSURANCE POLICIES AND ANNUITIES REPEALING FOR THE PURPOSE SECTIONS 123 AND 183, AND AMENDING SECTION 186 OF THE NATIONAL INTERNAL REVENUE CODE, AS AMENDED | |
| ABSTRACT : Abolishes the premium tax and the documentary stamp tax on life insurance premiums to strengthen the life insurance industry and make it competitive with its Asian neighbors. | |
| PRINCIPAL AUTHOR/S : TULAGAN, GENEROSO D. | |
| DATE FILED : 1998-08-06 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS : | |
| 1. | 2. |
| 3. | 4. |
| 5. | 6. |
| 7. | |
| ADMINISTRATION BILL? No | |
| URGENT BILL? No | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 1998-08-12 |
Abstract
Abolishes the premium tax and the documentary stamp tax on life insurance premiums to strengthen the life insurance industry and make it competitive with its Asian neighbors.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.