Summary: H.R.6270 — 114th Congress (2015-2016)All Information (Except Text)

There is one summary for H.R.6270. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (09/28/2016)

This bill amends the Internal Revenue Code to exclude from the taxable income of a life insurance company or other insurance company: (1) any non-taxed reinsurance premium; (2) any additional amount paid by an insurance company with respect to the reinsurance for which such non-taxed reinsurance premium is paid; and (3) any return premium, ceding commission, reinsurance recovered, or other amount received by an insurance company with respect to the reinsurance for which such non-taxed reinsurance premium is paid.