,i #aac? ,,congress #a/ ,session ,h4 ,r4 #afah ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,april #ah1 #bjac ,mr4 ,burgess introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,ways & ,means ,a ,,bill ,to am5d ! ,int]nal ,rev5ue ,code ( #aihf to increase ! doll> limitation on employ]-provid$ gr\p t]m life insurance t c be exclud$ f ! gross income ( ! employee4 #a4 ,increase 9 limitation on exclusion = employ]-provid$ gr\p t]m life insurance pur*as$ = employees 7a7 ,9 g5]al ,p>agraph 7#a7 ( section #gi7;a7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by /rik+ #ej1jjj & ins]t+ #cge1jjj4 7b7 ,inflation adju/m5t ,section #gi ( su* ,code is am5d$ by add+ at ! end ! foll[+ new subsection3 7g7 ,inflation adju/m5t 7#a7 ,9 g5]al ,9 ! case ( any taxable ye> beg9n+ aft] #bjac1 ! #cge1jjj am\nt "u subsection 7a77#a7 %all be increas$ by an am\nt equal to-- 7,a7 su* doll> am\nt1 multipli$ by 7,b7 ! co/-(-liv+ adju/m5t det]m9$ "u section #a7;f77#c7 = ! cal5d> ye> 9 :i* ! taxable ye> beg9s1 det]m9$ by sub/itut+ #bjab = #aiib 9 subp>agraph 7,b7 !re(4 7#b7 ,r\nd+ ,if any am\nt z adju/$ "u p>agraph 7#a7 is n a multiple ( #aj1jjj1 su* am\nt %all be r\nd$ to ! ne>e/ multiple ( #aj1jjj4 4 7c7 ,effective date ,! am5dm5ts made by ?is section %all apply to taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjab4