,i  #aacth ,,congress  #ast ,session    
,h4 ,r4 #afah  ,,in ,,the ,,house ,,of  
,,representatives  ,april #ah1 #bjac    
,mr4 ,burgess introduced the following  
bill2 which was referred to the         
,committee on ,ways and ,means  ,a      
,,bill  ,to amend the ,internal ,revenue
 ,code of #aihf to increase the dollar  
limitation on employer-provided group   
term life insurance that can be excluded
 from the gross income of the employee4 
#a4 ,increase in limitation on exclusion
 for employer-provided group term life  
insurance purchased for employees  7a7  
,in general ,paragraph 7#a7 of section  
#gi7;a7 of the ,internal ,revenue ,code 
of #aihf is amended by striking #ej1jjj 
and inserting #cge1jjj4  7b7 ,inflation 
adjustment ,section #gi of such ,code is
 amended by adding at the end the       
following new subsection3  7g7          
,inflation adjustment  7#a7 ,in general 
,in the case of any taxable year        
beginning after #bjac1 the #cge1jjj     
amount under subsection 7a77#a7 shall be

 increased by an amount equal to--  7,a7
 such dollar amount1 multiplied by  7,b7
 the cost-of-living adjustment          
determined under section #a7;f77#c7 for 
the calendar year in which the taxable  
year begins1 determined by substituting 
#bjab for #aiib in subparagraph 7,b7    
thereof4  7#b7 ,rounding ,if any amount 
as adjusted under paragraph 7#a7 is not 
a multiple of #aj1jjj1 such amount shall
 be rounded to the nearest multiple of  
#aj1jjj4  4  7c7 ,effective date ,the   
amendments made by this section shall   
apply to taxable years beginning after  
,december #ca1 #bjab4