Official Bill Info

• Latest Action: Oct 12, 2011 Introduced in House

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• Committee Assignment: House Ways and Means

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  This bill has been assigned to the House Ways and Means committee.

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Highly Rated Blog Articles

• This Federal Legislation Will Hurt Floridians - Sunshine State News - July 28, 2012 by Nancy Smith - On behalf of the Associated Industries of Florida, I urge you to contact your members of Congress and urge them to vote against HR 3157 and S 1963. This legislation is the last thing Florida needs at a time when we are trying ...

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  As noted by Nancy Smith on July 28, 2012, "On behalf of the Associated Industries of Florida, I urge you to contact your members of Congress and urge them to vote against HR 3157 and S 1963. This legislation is the last thing Florida needs at a time when we are trying ..." (/url?q=http://www.sunshinestatenews.com/story/federal-legislation-will-hurt-floridians&sa=U&ei=1R8WUJi6IuPK6wGGv4DoAw&ved=0CBsQmAEwAA&usg=AFQjCNEyuO0HbeGkhYFBL2BBVzgF8WjlgA)
• Trails Act Technical Correction Act of 2007 (2007; 110th Congress ... - March 31, 2012 by http://www.govtrack.us/users/events.xpd?monitors=user-profile:11201 - Jul 24, 2007. H.R. 3157 (110th). To amend the National Trails System Act relating to the statute of limitations that applies to certain claims. In GovTrack.us, a database of bills in the U.S. Congress.

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  As noted by http://www.govtrack.us/users/events.xpd?monitors=user-profile:11201 on March 31, 2012, "Jul 24, 2007. H.R. 3157 (110th). To amend the National Trails System Act relating to the statute of limitations that applies to certain claims. In GovTrack.us, a database of bills in the U.S. Congress." (/url?q=http://www.govtrack.us/congress/bills/110/hr3157&sa=U&ei=k2fTT-yTCMPc2gXF_Y2dDw&ved=0CB8QmAEwAQ&usg=AFQjCNGrfV0R26g2t8pl_i9t22zHKEt9Jg)
• Trails Act Technical Correction Act of 2007 (2007; 110th Congress ... - March 31, 2012 by http://www.govtrack.us/users/events.xpd?monitors=user-profile:11201 - Jul 24, 2007. H.R. 3157 (110th). To amend the National Trails System Act relating to the statute of limitations that applies to certain claims. In GovTrack.us, a database of bills in the U.S. Congress.

  Clicking this will add the following text:

  As noted by http://www.govtrack.us/users/events.xpd?monitors=user-profile:11201 on March 31, 2012, "Jul 24, 2007. H.R. 3157 (110th). To amend the National Trails System Act relating to the statute of limitations that applies to certain claims. In GovTrack.us, a database of bills in the U.S. Congress." (/url?q=http://www.govtrack.us/congress/bills/110/hr3157&sa=U&ei=PyXST__xDaai2gWdqfmrDw&ved=0CB8QmAEwAQ&usg=AFQjCNEYQ8wqGvjBwJ_KdwE4jvKQ5ydpWw)

Highly Rated News Articles

• Should reinsurance using foreign affiliates be deductible to US corporations? - December 16, 2011 by The Business Insider - H.R. 3157 amends the Internal Revenue Code to create a new section 849, which disallows the deduction for certain reinsurance premiums and related amounts paid to non-taxed foreign affiliates, defined as members of a controlled group, with 50% rather than

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  As noted by The Business Insider on December 16, 2011, "H.R. 3157 amends the Internal Revenue Code to create a new section 849, which disallows the deduction for certain reinsurance premiums and related amounts paid to non-taxed foreign affiliates, defined as members of a controlled group, with 50% rather than " (http://www.businessinsider.com/should-reinsurance-using-foreign-affiliates-be-deductible-to-us-corporations-2011-12)
• Foreign affiliate reinsurance - new bill introduced to deny tax deductions - October 19, 2011 by Lexology (registration) - J.) introduced last week companion bills (HR 3157; S. 1693) that would disallow a deduction for reinsurance premiums paid by a US insurer to an affiliated reinsurer if the reinsurer is not subject to US tax on the reinsurance premiums (the “Neal Bill”

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  As noted by Lexology (registration) on October 19, 2011, " J.) introduced last week companion bills (HR 3157; S. 1693) that would disallow a deduction for reinsurance premiums paid by a US insurer to an affiliated reinsurer if the reinsurer is not subject to US tax on the reinsurance premiums (the “Neal Bill”" (http://www.lexology.com/library/detail.aspx?g=52f63941-74e6-4877-b343-9cb5e5624f58)
• Rep. Neal Introduces Bill to Prevent Tax Avoidance of Insurance Companies - October 14, 2011 by Targeted News Service (subscription) - Richard Neal, D-Mass., has introduced legislation (HR 3157) to amend the Internal Revenue Code of 1986 to "prevent the avoidance of tax by insurance companies through reinsurance with non-taxed affiliates." The bill was introduced on Oct. 12 and

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  As noted by Targeted News Service (subscription) on October 14, 2011, " Richard Neal, D-Mass., has introduced legislation (HR 3157) to amend the Internal Revenue Code of 1986 to "prevent the avoidance of tax by insurance companies through reinsurance with non-taxed affiliates." The bill was introduced on Oct. 12 and" (http://targetednews.com/disp_story.php?s_id=1064730)