Summary: H.R.3703 — 104th Congress (1995-1996)All Information (Except Text)

There is one summary for H.R.3703. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (06/24/1996)

Amends the Internal Revenue Code provisions relating to an insurance company taxable income special deduction and income account to apply to companies that write financial guarantee insurance certain rules currently applied to companies that write mortgage guaranty insurance, lease guaranty insurance, or insurance on obligations the interest on which is excludable from gross income under specified provisions.