A bill to amend the Internal Revenue Code of 1986 to repeal the limitation on the use of losses from nonlife insurance companies against the income of life insurance companies.
Repeals provisions of the Internal Revenue Code which limit the use of certain losses from non-life insurance companies against the consolidated taxable income of an affiliated group which includes one or more domestic insurance companies.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
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