H.R. 2228 · 108th Congress · 2003–2004
To amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other companies.
H.R. 2228 in the 108th Congress (2003–2004) was introduced on May 22, 2003, sponsored by Phil Crane with 20 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
- May 22, 2003
- Co-sponsors
- 20
- Policy area
- Taxation
What it does
Amends the Internal Revenue Code to include life insurance companies as an "includible corporation" for purposes of filing consolidated tax returns. Permits an affiliated group which includes at least one domestic insurance company that elects to file a consolidated return rather than pay tax under certain life insurance provisions to use a phased-in percentage of insurance company net operating loss in determining its own tax…
Summary by the nonpartisan Congressional Research Service.
Sponsor
Phil Crane (R-IL). Co-sponsors: 5 Democrats, 15 Republicans.
Where it stands
- IntroducedMay 22, 2003
- Passed the House—
- Passed the Senate—
- Sent to the President—
- Became law—
Latest action: Referred to the House Committee on Ways and Means. (May 22, 2003)
More bills from Phil Crane in the 108th Congress
- H.R. 1047: Miscellaneous Trade and Technical Corrections Act of 2004
- H.R. 792: Medicare Patient Access to Physical Therapists Act of 2003
- H.R. 1769: Job Protection Act of 2003
- H.R. 3901: To amend the Internal Revenue Code of 1986 to allow a deduction for premiums for high deductible…
- H.R. 4840: Tax Simplification for America's Job Creators Act of 2004
Other Taxation bills in the 108th Congress
- H.R. 2: Jobs and Growth Tax Relief Reconciliation Act of 2003
- H.R. 1308: Working Families Tax Relief Act of 2004
- H.R. 982: To clarify the tax treatment of bonds and other obligations issued by the Government of American…
- H.R. 4520: American Jobs Creation Act of 2004
- S. 150: Internet Tax Nondiscrimination Act
- H.R. 5365: To treat certain arrangements maintained by the YMCA Retirement Fund as church plans for the…
- H.R. 5394: To amend the Internal Revenue Code of 1986 to modify the taxation of arrow components.
- S. 2: Jobs and Growth Tax Act of 2003
- H.R. 7: Charitable Giving Act of 2003
- H.R. 8: Death Tax Repeal Permanency Act of 2003
Committees
More
From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.
Cite or embed this page
Capitol Receipts, “H.R. 2228 (108th Congress): To amend the Internal Revenue Code of…,” https://www.capitolreceipts.com/bill/108-hr-2228/to-amend-the-internal-revenue-code-of-1986-to (accessed 2026-10-17).