Bills - More
- The Depository Institutions Deregulation Committee
H.R.25 - FairTax Act of 2021
117th Congress (2021-2022) | Get alerts
BILLHide Overview
Sponsor: Rep. Carter, Earl L. "Buddy" [R-GA-1] (Introduced 01/04/2021)
Committees: House - Ways and Means
Latest Action: House - 01/04/2021 Referred to the House Committee on Ways and Means. (All Actions)
Sec 202 - Confirming and Technical Amendments
(a) Repeals.—The following provisions of the Internal Revenue Code of 1986 are repealed:
(58) Section 7702 (relating to life insurance contracts).
(59) Section 7702A (relating to modified endowment contracts).
(60) Section 7702B (relating to long-term care insurance).