,,ii #aac? ,,congress #a/ ,session ,s4 #acdf ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,july #bc1 #bjac ,mr4 ,h>k9 7= himself1 ,mr4 ,grassley1 ,ms4 ,klobu*>1 ,mr4 ,rockefell]1 & ,mr4 ,blunt7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,f9ance ,a ,,bill ,to am5d ! ,int]nal ,rev5ue ,code ( #aihf to increase ! alt]native tax liability limitation = small prop]ty & casualty insurance companies4 #a4 ,increase 9 limitation = alt]native tax liability = small prop]ty & casualty insurance companies 7a7 ,9 ,g5]al ,clause 7i7 ( section #hca7;b77#b77;,a7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by /rik+ #a1bjj1jjj & ins]t+ #b1jab1jjj4 7b7 ,inflation ,adju/m5t ,p>agraph 7#b7 ( section #hca7;b7 ( su* ,code is am5d$ by add+ at ! end ! foll[+ new subp>agraph3 7,c7 ,inflation adju/m5t ,9 ! case ( any taxable ye> beg9n+ 9 a cal5d> ye> aft] #bjac1 ! doll> am\nt set =? 9 subp>agraph 7,a77i7 %all be increas$ by an am\nt equal to-- 7i7 su* doll> am\nt1 multipli$ by 7ii7 ! co/-(-liv+ adju/m5t det]m9$ "u section #a7;f77#c7 = su* cal5d> ye> by sub/itut+ cal5d> ye> #bjab = cal5d> ye> #aiib 9 subp>agraph 7,b7 !re(4 ,if ! am\nt z adju/$ "u ! prec$+ s5t5ce is n a multiple ( #a1jjj1 su* am\nt %all be r\nd$ to ! next l[e/ multiple ( #a1jjj4 4 7c7 ,effective ,date ,! am5dm5ts made by ?is section %all apply to taxable ye>s beg9n+ aft] ! date ( ! enactm5t ( ?is ,act4