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    <updateDate>2019-11-15T21:52:44Z</updateDate>
    <updateDateIncludingText>2019-11-15T21:52:44Z</updateDateIncludingText>
    <originChamber>Senate</originChamber>
    <originChamberCode>S</originChamberCode>
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    <introducedDate>2005-04-25</introducedDate>
    <congress>109</congress>
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        <chamber>Senate</chamber>
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            <date>2005-04-25T21:07:58Z</date>
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      <item>
        <title>To amend the Internal Revenue Code of 1986 to clarify the calculation of the reserve allowance for medical benefits of plans sponsored by bona fide associations.</title>
        <congress>109</congress>
        <number>3599</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2005-07-28</actionDate>
          <text>Referred to the House Committee on Ways and Means.</text>
        </latestAction>
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            <identifiedBy>CRS</identifiedBy>
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        <actionDate>2005-04-25</actionDate>
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            <systemCode>ssfi00</systemCode>
            <name>Finance Committee</name>
          </item>
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        <sourceSystem>
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        </sourceSystem>
        <text>Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S4191)</text>
        <type>IntroReferral</type>
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      <item>
        <actionDate>2005-04-25</actionDate>
        <text>Sponsor introductory remarks on measure. (CR S4190-4191)</text>
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        <actionCode>B00100</actionCode>
        <sourceSystem>
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        <actionDate>2005-04-25</actionDate>
        <text>Introduced in Senate</text>
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        <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>
        <isByRequest>N</isByRequest>
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    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>G000386</bioguideId>
        <fullName>Sen. Grassley, Chuck [R-IA]</fullName>
        <firstName>Charles</firstName>
        <lastName>Grassley</lastName>
        <party>R</party>
        <state>IA</state>
        <middleName>E.</middleName>
        <sponsorshipDate>2005-04-25</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>B000243</bioguideId>
        <fullName>Sen. Baucus, Max [D-MT]</fullName>
        <firstName>MAX</firstName>
        <lastName>BAUCUS</lastName>
        <party>D</party>
        <state>MT</state>
        <middleName>SIEBEN</middleName>
        <sponsorshipDate>2005-04-25</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>S000663</bioguideId>
        <fullName>Sen. Snowe, Olympia J. [R-ME]</fullName>
        <firstName>Olympia</firstName>
        <lastName>Snowe</lastName>
        <party>R</party>
        <state>ME</state>
        <middleName>J.</middleName>
        <sponsorshipDate>2005-10-03</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Taxation</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Associations, institutions, etc.</name>
        </item>
        <item>
          <name>Employee health benefits</name>
        </item>
        <item>
          <name>Health</name>
        </item>
        <item>
          <name>Health insurance</name>
        </item>
        <item>
          <name>Income tax</name>
        </item>
        <item>
          <name>Labor and Employment</name>
        </item>
        <item>
          <name>Tax deductions</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Taxation</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2005-04-25</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2005-05-10T18:10:17Z</updateDate>
        <text><![CDATA[ <p>Amends the Internal Revenue Code to allow a bona fide association (an association which has been actively in existence for at least five years and has been formed and maintained in good faith for purposes other than obtaining insurance) to maintain an additional reserve fund for medical benefits plans not to exceed 35 percent of the sum of certain direct costs and changes in claims incurred.</p>]]></text>
      </summary>
    </summaries>
    <title>A bill to amend the Internal Revenue Code of 1986 to clarify the calculation of the reserve allowance for medical benefits of plans sponsored by bona fide associations.</title>
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      <item>
        <titleType>Display Title</titleType>
        <title>A bill to amend the Internal Revenue Code of 1986 to clarify the calculation of the reserve allowance for medical benefits of plans sponsored by bona fide associations.</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>A bill to amend the Internal Revenue Code of 1986 to clarify the calculation of the reserve allowance for medical benefits of plans sponsored by bona fide associations.</title>
      </item>
    </titles>
    <textVersions>
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        <type>Introduced in Senate</type>
        <date>2005-04-25T04:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-109s897is/xml/BILLS-109s897is.xml</url>
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      </item>
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    <latestAction>
      <actionDate>2005-04-25</actionDate>
      <text>Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S4191)</text>
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    <dc:language>EN</dc:language>
    <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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