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  <bill>
    <number>377</number>
    <updateDate>2022-02-03T05:19:37Z</updateDate>
    <updateDateIncludingText>2022-02-03T05:19:37Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2007-01-10</introducedDate>
    <congress>110</congress>
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        <name>Ways and Means Committee</name>
        <chamber>House</chamber>
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            <name>Referred to</name>
            <date>2007-01-10T15:02:25Z</date>
          </item>
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    </committees>
    <actions>
      <item>
        <actionDate>2007-01-10</actionDate>
        <text>Referred to the House Committee on Ways and Means.</text>
        <type>IntroReferral</type>
        <actionCode>H11100</actionCode>
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            <name>Ways and Means Committee</name>
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        <actionDate>2007-01-10</actionDate>
        <text>Introduced in House</text>
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          <name>Library of Congress</name>
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        <actionDate>2007-01-10</actionDate>
        <text>Introduced in House</text>
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          <code>9</code>
          <name>Library of Congress</name>
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    <sponsors>
      <item>
        <bioguideId>B001248</bioguideId>
        <fullName>Rep. Burgess, Michael C. [R-TX-26]</fullName>
        <firstName>Michael</firstName>
        <lastName>Burgess</lastName>
        <party>R</party>
        <state>TX</state>
        <middleName>C.</middleName>
        <district>26</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <policyArea>
      <name>Taxation</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Cost of living adjustments</name>
        </item>
        <item>
          <name>Employee benefit plans</name>
        </item>
        <item>
          <name>Finance and Financial Sector</name>
        </item>
        <item>
          <name>Group insurance</name>
        </item>
        <item>
          <name>Income tax</name>
        </item>
        <item>
          <name>Labor and Employment</name>
        </item>
        <item>
          <name>Life insurance</name>
        </item>
        <item>
          <name>Tax exclusion</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Taxation</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2007-01-10</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2007-01-23T20:19:47Z</updateDate>
        <text><![CDATA[ <p>Insuring Families for Their Future Act of 2007 - Amends the Internal Revenue Code to increase from $50,000 to $320,000 the amount of employer-provided group term life insurance that an employee can exclude from gross income. Indexes the $320,000 amount for inflation for taxable years beginning after 2007.</p>]]></text>
      </summary>
    </summaries>
    <title>Insuring Families for Their Future Act of 2007</title>
    <titles>
      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>Insuring Families for Their Future Act of 2007</title>
      </item>
      <item>
        <titleType>Display Title</titleType>
        <title>Insuring Families for Their Future Act of 2007</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To amend the Internal Revenue Code of 1986 to increase the dollar limitation on employer-provided group term life insurance that can be excluded from the gross income of the employee.</title>
      </item>
    </titles>
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      <item>
        <type>Introduced in House</type>
        <date>2007-01-10T05:00:00Z</date>
        <formats>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-110hr377ih/xml/BILLS-110hr377ih.xml</url>
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    <latestAction>
      <actionDate>2007-01-10</actionDate>
      <text>Referred to the House Committee on Ways and Means.</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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