26 USC § 804 - Life insurance deductions

USCPrelim is a preliminary release and may be subject to further revision before it is released again as a final version.

Current through Pub. L. 113-99. (See Public Laws for the current Congress.)

For purposes of this part, the term “life insurance deductions” means—

(1) the general deductions provided in section 805, and

(2) the small life insurance company deduction (if any) determined under section 806 (a).

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For purposes of this part, the term “life insurance deductions” means—

(1) the general deductions provided in section 805, and

(2) the small life insurance company deduction (if any) determined under section 806 (a).

Source

(Added Pub. L. 98–369, div. A, title II, § 211(a),July 18, 1984, 98 Stat. 722; amended Pub. L. 99–514, title X, § 1011(b)(2),Oct. 22, 1986, 100 Stat. 2389.)

Prior Provisions

A prior section 804, added Pub. L. 86–69, § 2(a),June 25, 1959, 73 Stat. 115; amended Pub. L. 87–858, § 3(b)(2),Oct. 23, 1962, 76 Stat. 1137; Pub. L. 88–272, title II, § 214(b)(3),Feb. 26, 1964, 78 Stat. 55; Pub. L. 91–172, title IV, § 401(b)(2)(D),Dec. 30, 1969, 83 Stat. 602; Pub. L. 94–455, title XIX, § 1901(a)(96), (b)(1)(J)(i), (iii), (K), (M), (33)(F),Oct. 4, 1976, 90 Stat. 1780, 1791, 1801, defined the term “taxable investment income” and provided for the computation of such income, prior to the general revision of this part by Pub. L. 98–369, § 211(a).

Another prior section 804, acts Aug. 16, 1954, ch. 736, 68A Stat. 258; Mar. 13, 1956, ch. 83, § 2,70 Stat. 41, related to reserve and other policy liability deductions, prior to the general revision of this part by Pub. L. 86–69, § 2(a).

Amendments

1986—Pars. (2), (3). Pub. L. 99–514redesignated par. (3) as (2), substituted “section 806 (a)” for “section 806 (b)”, and struck out former par. (2), which read as follows: “the special life insurance company deduction determined under section 806 (a), and”.

Effective Date of 1986 Amendment

Amendment by Pub. L. 99–514applicable to taxable years beginning after Dec. 31, 1986, see section 1011(c)(1) ofPub. L. 99–514, set out as a note under section 453B of this title.

Effective Date

Section applicable to taxable years beginning after Dec. 31, 1983, see section 215 ofPub. L. 98–369, set out as a note under section 801 of this title.

The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.

The most recent Classification Table update that we have noticed was Tuesday, May 21, 2013

An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.

How To Use

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"nt" means note.
"nt [tbl]" means note [table].
"prec" means preceding.
"fr" means a transfer from another section.
"to" means a transfer to another section.
"omitted" means the section is omitted.
"repealed" means the section is repealed.
"nt ed change" and "ed change" - See the Editorial Classification Change Table [pdf].

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General Reference

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26 USC	Description of Change	Session Year	Public Law	Statutes at Large

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26 USC § 804 - Life insurance deductions

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