Congress: 107th

Sponsor: Representative English, Phil (11/16/2001)

Committees: House - Ways and Means

Description: To amend the Internal Revenue Code of 1986 to encourage guaranteed lifetime income payments from annuities and similar payments of life insurance proceeds at dates later than death by taxing the income portion of such payments at capital gains rates.

Lastest Action: 11/16/2001 Referred to the House Committee on Ways and Means.  (All Actions)

Official: H.R.3320 -- 107th Congress