Skip to main content

S. 3217

Referred to Committee

A bill to amend the Internal Revenue Code of 1986 to provide special rules for purposes of determining if financial guaranty insurance companies are qualifying insurance corporations under the passive foreign investment company rules.

Introduced 11/17/2021•117th Congress•Senate

Latest Action

Read twice and referred to the Committee on Finance.

11/17/2021 • Senate

Summary

This bill sets forth special tax rules for determining whether financial guaranty insurance companies are qualifying insurance corporations under the passive foreign investment company rules.

Introduced in Senate • 11/17/2021

Enter your district to see how this bill affects your community
-

Topics & Subjects

Policy Area: Taxation
Accounting and auditingCapital gains taxFinancial services and investmentsForeign and international corporationsSecuritiesTax administration and collection, taxpayersTaxation of foreign income

Congressional Votes (0)

No recorded votes yet

Roll call votes will appear here as the bill moves through Congress

Related Federal Spending

Sponsor & Cosponsors (2)

Party Breakdown

1
Democrats
1
Republicans
0
Independents

Sponsor

S[
Sen. Menendez, Robert [D-NJ]

Democrat • NJ

Sponsored 11/17/2021

Cosponsors (1)

S[
Sen. Cassidy, Bill [R-LA]

R-LA

Joined 11/18/2021