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H.R. 1530 · 108th Congress · 2003–2004

Small Insurance Company Inflation Adjustment Act

H.R. 1530 in the 108th Congress (2003–2004) was introduced on Apr 1, 2003, sponsored by Jim Nussle with 16 co-sponsors.

During the 108th Congress (2003–2004), George W. Bush was president, and Republicans held majorities in both the House and Senate.

Status
Introduced
Introduced
Apr 1, 2003
Co-sponsors
16
Policy area
Taxation

What it does

Small Insurance Company Inflation Adjustment Act - Amends Internal Revenue Code provisions concerning tax-exempt insurance companies (other than life insurance companies) to increase from $350,000 to $575,000 (adjusted annually for inflation) the maximum amount of premiums that may be written annually by such a company in order to remain tax-exempt.

Summary by the nonpartisan Congressional Research Service.

Sponsor

Jim Nussle (R-IA). Co-sponsors: 3 Democrats, 13 Republicans.

Where it stands

  • IntroducedApr 1, 2003
  • Passed the House—
  • Passed the Senate—
  • Sent to the President—
  • Became law—

Latest action: Referred to the House Committee on Ways and Means. (Apr 1, 2003)

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From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.

Cite or embed this page

Capitol Receipts, “H.R. 1530 (108th Congress): Small Insurance Company Inflation…,” https://www.capitolreceipts.com/bill/108-hr-1530/small-insurance-company-inflation-adjustment-act (accessed 2026-10-17).