1983 - CR - Congressional Record
- Senate Finance Committee
- stopgap rules
- 19831025 - (29100)
- INTRODUCTION OF BILLS AND JOINT RESOLUTIONS
- The following bills and joint resolutions were introduced, read the first and second time by unanimous consent, and referred as indicated:
- By Mr. BENTSEN (for himself, Mr. CHAFEE, Mr. MoYNIHAN, Mr. DANFORTH, Mr. BOREN, Mr. GRASSLEY, Mr. WALLOP, Mr. DURENBERGER, Mr. BRADLEY, Mr. MITCHELL, and Mr. BAUCUS):
- S. 1992. A bill to amend the Internal Revenue Code of 1954 to simplify and improve the income tax treatment of life insurance companies and their products; to the Committee on Finance.
- The House Ways and Means Subcommittee on Select Revenue Measures has held two major hearings.
- This process culminated in a bill (H.R. 4065) which was reported out of the House Ways and Means Committee.
- The bill is generally supported by Treasury, mutual companies, stock companies and associations representing life insurance agents.
- All are not happy with all aspects of the bill.