To amend the Internal Revenue Code of 1986 to provide for the proper tax treatment of variable contracts issued by life insurance companies subject to the laws of Puerto Rico.
Last action on May 5, 2005Referred to the House Committee on Ways and Means.
Take Action
Summary
Amends the Internal Revenue Code to extend provisions for the tax treatment of variable contracts to contracts issued by life insurance companies subject to the law or regulation of Puerto Rico.
Lifecycle of the Bill
No events recorded for this stage yet.
