Bill113th CongressFiled Jul 23, 2013Taxation
S. 1346
A bill to amend the Internal Revenue Code of 1986 to increase the alternative tax liability limitation for small property and casualty insurance companies.
Bill journey · stage 2 of 5
Under committee review
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CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Jul 23, 2013)
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 $2.012 million (from $1.2 million), with an annual inflation adjustment after 2013.
What just happenedJul 23, 2013
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Harkin, Tom [D-IA](D-IA)Sponsor
6 cosponsors4 D2 R
6cosponsors1committees2actions1related bills4subjects
- Introduced in SenateJul 23, 2013
- Jul 23, 2013IntroReferral
Read twice and referred to the Committee on Finance.
- Jul 23, 2013IntroReferral10000
Introduced in Senate