,i  #aag? ,,congress  #a/ ,session  ,h4 
,r4 #aifh  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,m>* #ag1 #bjba,miss  
,gonzlez-,coln introduc$ ! foll[+ bill2 
:i* 0 ref]r$ to ! ,committee on ,ways & 
,means  ,a ,,bill  ,to am5d ! ,int]nal  
,rev5ue ,code ( #aihf to exempt f !     
=eign insur] excise tax c]ta9 insurance 
policies issu$ by ,unit$ ,/ates t]ritory
 & possession insur]s4  #a4 ,%ort title 
,?is ,act may be cit$ z ! ,pu]to ,rico  
,insurance ,excise ,tax ,exemption ,act 
( #bjba4  #b4 ,c]ta9 insurance policies 
issu$ by ,unit$ ,/ates t]ritory &       
possession insur]s exempt f =eign insur]
 excise tax  7a7 ,9 g5]al ,section #dcgc
 ( ! ,int]nal ,rev5ue ,code ( #aihf is  
am5d$ by add+ at ! end ! foll[+ new     
p>agraph3  7#c7 ,t]ritories &           
possessions ,any policy ( insurance1    
indemnity bond1 annuity contract1 or    
policy ( re9surance issu$ by a p>tn]%ip 
or corporation creat$ or organiz$ "u !  
laws ( any t]ritory or possession ( !   
,unit$ ,/ates1 unless any ( ! haz>ds1   

risks1 losses1 or liabilities cov]$     
!reby are cov]$ by a policy ( re9surance
 issu$ by a =eign insur] or re9sur] 7o!r
 ?an su* a p>tn]%ip or corporation74  4 
7b7 ,effective date ,! am5dm5ts made by 
?is section %all apply to premiums paid 
aft] ! date ( ! enactm5t ( ?is ,act4