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    <introducedDate>2003-05-05</introducedDate>
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            <date>2003-05-05T22:43:51Z</date>
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      <item>
        <title>Life Insurance Tax Simplification Act of 2003</title>
        <congress>108</congress>
        <number>808</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2003-02-13</actionDate>
          <text>Referred to the House Committee on Ways and Means.</text>
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        <text>Read twice and referred to the Committee on Finance.</text>
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        <actionDate>2003-05-05</actionDate>
        <text>Sponsor introductory remarks on measure. (CR S5735-5736)</text>
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        <fullName>Sen. Nickles, Don [R-OK]</fullName>
        <firstName>DONALD</firstName>
        <lastName>NICKLES</lastName>
        <party>R</party>
        <state>OK</state>
        <middleName>LEE</middleName>
        <isByRequest>N</isByRequest>
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        <bioguideId>C000705</bioguideId>
        <fullName>Sen. Conrad, Kent [D-ND]</fullName>
        <firstName>KENT</firstName>
        <lastName>CONRAD</lastName>
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        <state>ND</state>
        <sponsorshipDate>2003-05-05</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>B001066</bioguideId>
        <fullName>Sen. Bunning, Jim [R-KY]</fullName>
        <firstName>JIM</firstName>
        <lastName>BUNNING</lastName>
        <party>R</party>
        <state>KY</state>
        <sponsorshipDate>2003-05-05</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>H000338</bioguideId>
        <fullName>Sen. Hatch, Orrin G. [R-UT]</fullName>
        <firstName>ORRIN</firstName>
        <lastName>HATCH</lastName>
        <party>R</party>
        <state>UT</state>
        <middleName>GRANT</middleName>
        <sponsorshipDate>2003-10-15</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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    <policyArea>
      <name>Taxation</name>
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    <subjects>
      <legislativeSubjects>
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          <name>Commerce</name>
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        <item>
          <name>Dividends</name>
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        <item>
          <name>Finance and Financial Sector</name>
        </item>
        <item>
          <name>Income tax</name>
        </item>
        <item>
          <name>Insurance companies</name>
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        <item>
          <name>Life insurance</name>
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        <item>
          <name>Mutual funds</name>
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        <item>
          <name>Tax deductions</name>
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        <item>
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        <name>Taxation</name>
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    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2003-05-05</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2006-11-28T17:35:40Z</updateDate>
        <text><![CDATA[Life Insurance Tax Simplification Act of 2003 - Amends the Internal Revenue Code to repeal provisions: (1) providing for the reduction in certain deductions of mutual life insurance companies; and (2) relating to distributions to shareholders from pre-1984 policyholders surplus accounts.]]></text>
      </summary>
    </summaries>
    <title>Life Insurance Tax Simplification Act of 2003</title>
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        <titleType>Display Title</titleType>
        <title>Life Insurance Tax Simplification Act of 2003</title>
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      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>A bill to amend the Internal Revenue Code of 1986 to repeal the provision taxing policyholder dividends of mutual life insurance companies and to repeal the policyholders surplus account provisions.</title>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
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      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>Life Insurance Tax Simplification Act of 2003</title>
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        <type>Introduced in Senate</type>
        <date>2003-05-05T04:00:00Z</date>
        <formats/>
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    <latestAction>
      <actionDate>2003-05-05</actionDate>
      <text>Read twice and referred to the Committee on Finance.</text>
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    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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