,,ii ,cal5d> ,no4 #ci #aad? ,,congress  
#a/ ,session  ,s4 #ije ,report ,no4     
#aad-af ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ 
,,/ates  ,april #ad1 #bjae,mr4 ,hat*1 f 
! ,committee on ,f9ance1 report$ !      
foll[+ orig9al bill2 :i* 0 read twice & 
plac$ on ! cal5d>  ,a ,,bill  ,to am5d !
 ,int]nal ,rev5ue ,code ( #aihf to      
increase ! limitation on eligibility = !
 alt]native tax = c]ta9 small insurance 
companies4  #a4 ,increase 9 limitation  
on eligibility = alt]native tax = c]ta9 
small insurance companies  7a7 ,increase
 9 limitation on premiums  7#a7 ,9 g5]al
 ,clause 7i7 ( section #hca7;b77#b77;,a7
 ( ! ,int]nal ,rev5ue ,code ( #aihf is  
am5d$ by /rik+ #a1bjj1jjj & ins]t+      
#b1bjj1jjj4  7#b7 ,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] #bjae1 !     
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> #bjac = cal5d> ye> 
#aiib 9 subp>agraph 7,b7 !re(4  ,if !   
am\nt z adju/$ "u ! prec$+ s5t5ce is n a
 multiple ( #ej1jjj1 su* am\nt %all be  
r\nd$ to ! next l[e/ multiple ( #ej1jjj4
  4  7b7 ,/udy ,n lat] ?an ,febru>y #aa1
 #bjaf1 ! ,secret>y ( ! ,treasury %all  
submit to ! ,committee on ,f9ance ( !   
,s5ate a report on ! abuse ( captive    
insurance companies = e/ate plann+      
purposes4 ,su* report %all include      
legislative recomm5dations = address+   
any su* abuses4  7c7 ,effective ,date ,!
 am5dm5ts made by ?is section %all apply
 to taxable ye>s beg9n+ aft] ! date ( ! 
enactm5t ( ?is ,act4  #b4 ,increase 9   
cont9u\s levy  7a7 ,9 g5]al ,p>agraph   
7#c7 ( section #fcca7;h7 ( ! ,int]nal   
,rev5ue ,code ( #aihf is am5d$ by /rik+ 
#cj p]c5t & ins]t+ #de p]c5t4  7b7      
,effective date ,! am5dm5t made by ?is  
section %all apply to paym5ts made aft] 

#ahj days aft] ! date ( ! enactm5t ( ?is
 ,act4  ,april #ad1 #bjae,read twice &  
plac$ on ! cal5d>