US Congress House Bill 5651 (Prior Session Legislation)

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Spectrum: Bipartisan Bill
Status: Introduced on April 27 2018 - 25% progression, died in committee
Action: 2018-04-27 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Puerto Rico Insurance Excise Tax Exemption Act of 2018 This bill amends the Internal Revenue Code to exempt from the foreign insurer excise tax certain insurance policies, indemnity bonds, annuity contracts, or reinsurance policies issued by partnerships or corporations created or organized under the laws of a U.S. territory or possession. The exemption applies unless any of the covered hazards, risks, losses, or liabilities are also covered by a reinsurance policy issued by a foreign insurer or reinsurer other than the partnership or corporation.

Puerto Rico Insurance Excise Tax Exemption Act of 2018

Rep. Jenniffer Gonzalez-Colon [R-PR]	Rep. Darren Soto [D-FL]	Rep. Peter King [R-NY]	Rep. Robert Brady [D-PA]
Rep. Brian Fitzpatrick [R-PA]

Date	Chamber	Action
2018-04-27	House	Referred to the House Committee on Ways and Means.
2018-04-27	House	Introduced in House

Type	Source
Summary	https://www.congress.gov/bill/115th-congress/house-bill/5651/all-info
Text	https://www.congress.gov/115/bills/hr5651/BILLS-115hr5651ih.pdf