S. 992 · 108th Congress

Life Insurance Tax Simplification Act of 2003

Stage
In committee
Introduced
2003-05-05
Latest action
2003-05-05 · Introduced in Senate

Summary

Life Insurance Tax Simplification Act of 2003 - Amends the Internal Revenue Code to repeal provisions: (1) providing for the reduction in certain deductions of mutual life insurance companies; and (2) relating to distributions to shareholders from pre-1984 policyholders surplus accounts.