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H.R. 1618

To amend the Internal Revenue Code of 1986 to increase the dollar limitation on employer-provided group term life insurance that can be excluded from the gross income of the employee.

Amends the Internal Revenue Code to increase from $50,000 to $375,000 the amount of employer-provided group term life insurance that an employee can exclude from gross income. Indexes the $375,000 amount for inflation for taxable years beginning after 2013.

Referred to the House Committee on Ways and Means.

Rep. Burgess, Michael C. [R-TX-26](R-TX)Sponsor
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  • Introduced in HouseApr 18, 2013
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

To amend the Internal Revenue Code of 1986 to increase the dollar limitation on employer-p… — Informed