Prior Provisions
A prior section 818, added Pub. L. 86–69, § 2(a), June 25, 1959, 73 Stat. 133; amended Pub. L. 88–272, title II, § 228(b)(1), Feb. 26, 1964, 78 Stat. 98; Pub. L. 91–688, § 1(a), Jan. 12, 1971, 84 Stat. 2072; Pub. L. 94–455, title XIX, §§ 1901(a)(101), 1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1781, 1834; Pub. L. 97–248, title II, §§ 258(a), 260(a), 262, 267(a), Sept. 3, 1982, 96 Stat. 538–540, 550, related to accounting provisions generally, prior to the general revision of this part by Pub. L. 98–369, § 211(a).
Another prior section 818, act Aug. 16, 1954, ch. 736, § 818, as added Mar. 13, 1956, ch. 83, § 2, 70 Stat. 46, related to certain new insurance companies, prior to the general revision of this part by Pub. L. 86–69, § 2(a).
A prior section 819, added Pub. L. 86–69, § 2(a), June 25, 1959, 73 Stat. 136; amended Pub. L. 89–809, title I, § 104(i)(3), Nov. 13, 1966, 80 Stat. 1561; Pub. L. 94–455, title XIX, §§ 1901(a)(102), 1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1781, 1834, related to foreign life insurance companies, prior to the general revision of this part by Pub. L. 98–369, § 211(a). See section 813 of this title.
A prior section 819A, added Pub. L. 94–455, title X, § 1043(a), Oct. 4, 1976, 90 Stat. 1639, related to contiguous country branches of domestic life insurance companies, prior to the general revision of this part by Pub. L. 98–369, § 211(a). See section 814 of this title.
A prior section 820, added Pub. L. 86–69, § 2(a), June 25, 1959, 73 Stat. 137; amended Pub. L. 94–455, title XIX, §§ 1901(a)(103), 1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1782, 1834, related to optional treatment of policies reinsured under modified coinsurance contracts, prior to repeal by Pub. L. 97–248, title II, § 255(a), (c), Sept. 3, 1982, 96 Stat. 533, 534, applicable to taxable years beginning after Dec. 31, 1981, with exception.
A prior section 821, acts Aug. 16, 1954, ch. 736, 68A Stat. 260; Mar. 30, 1955, ch. 18, § 2, 69 Stat. 14; Mar. 13, 1956, ch. 83, § 3(a)(1), (2), 70 Stat. 47; Mar. 29, 1956, ch. 115, § 2, 70 Stat. 66; Mar. 29, 1957, Pub. L. 85–12, § 2, 71 Stat. 9; June 30, 1958, Pub. L. 85–475, § 2, 72 Stat. 259; June 30, 1959, Pub. L. 86–75, § 2, 73 Stat. 157; June 30, 1960, Pub. L. 86–564, title II, § 201, 74 Stat. 290; June 30, 1961, Pub. L. 87–72, § 2, 75 Stat. 193; June 28, 1962, Pub. L. 87–508, § 2, 76 Stat. 114; Oct. 16, 1962, Pub. L. 87–834, § 8(a), 76 Stat. 989; June 29, 1963 Pub. L. 88–52, § 2, 77 Stat. 72; Feb. 26, 1964, Pub. L. 88–272, title I, § 123(a), 78 Stat. 29; Nov. 13, 1966, Pub. L. 89–809, title I, § 104(i)(4), 80 Stat. 1562; Oct. 4, 1976, Pub. L. 94–455, title IX, § 901(b), title XV, § 1507(b)(1), title XIX, §§ 1901(a)(104), 1906(b)(13)(A), 90 Stat. 1607, 1739, 1782, 1834; May 23, 1977, Pub. L. 95–30, title II, § 201(3), (4), 91 Stat. 141; Nov. 6, 1978, Pub. L. 95–600, title III, § 301(b)(9), 92 Stat. 2821; Aug. 13, 1981, Pub. L. 97–34, title II, § 231(b)(1), (2), 95 Stat. 249, related to tax on mutual insurance companies to which former part II applied, prior to repeal by Pub. L. 99–514, title X, § 1024(a)(1), Oct. 22, 1986, 100 Stat. 2405, effective for taxable years beginning after Dec. 31, 1986.
A prior section 822 was renumbered section 834 of this title by Pub. L. 99–514, title X, § 1024(a)(3), Oct. 22, 1986, 100 Stat. 2405.
A prior section 823, added Pub. L. 87–834, § 8(c), Oct. 16, 1962, 76 Stat. 992; amended Pub. L. 91–172, title IX, § 907(c)(2)(B), Dec. 30, 1969, 83 Stat. 717, related to determination of statutory underwriting income or loss, prior to repeal by Pub. L. 99–514, title X, § 1024(a)(1), Oct. 22, 1986, 100 Stat. 2405, effective for taxable years beginning after Dec. 31, 1986.
Another prior section 823, act Aug. 16, 1954, ch. 736, 68A Stat. 263, which defined “net premiums” and “dividends to policyholders”, was redesignated section 822(f) of this title by section 8(b)(4) of Pub. L. 87–834.
A prior section 824, added Pub. L. 87–834, § 8(c), Oct. 16, 1962, 76 Stat. 993; amended Pub. L. 94–455, title XIX, § 1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1834, related to adjustments to provide protection against losses, prior to repeal by Pub. L. 99–514, title X, § 1024(a)(1), Oct. 22, 1986, 100 Stat. 2405, effective for taxable years beginning after Dec. 31, 1986.
A prior section 825, added Pub. L. 87–834, § 8(c), Oct. 16, 1962, 76 Stat. 995; amended Pub. L. 91–172 title IX, § 907(c)(2)(C), (D), Dec. 30, 1969, 83 Stat. 717; Pub. L. 94–455, title VIII, § 806(d)(2), title XIX, § 1901(a)(106), Oct. 4, 1976, 90 Stat. 1599, 1782; Pub. L. 97–34, title II, § 207(b), Aug. 13, 1981, 95 Stat. 225, related to unused loss deduction, prior to repeal by Pub. L. 99–514, title X, § 1024(a)(1), Oct. 22, 1986, 100 Stat. 2405, effective for taxable years beginning after Dec. 31, 1986.
A prior section 826 was renumbered section 835 of this title by Pub. L. 99–514, title X, § 1024(a)(3), Oct. 22, 1986, 100 Stat. 2405.
Amendments
1999—Subsec. (b)(2). Pub. L. 106–170, § 532(c)(3), substituted “section 1221(a)(2)” for “section 1221(2)”.
Subsec. (c)(3). Pub. L. 106–170, § 532(c)(1)(D), substituted “section 1221(a)” for “section 1221”.
1996—Subsec. (g). Pub. L. 104–191 added subsec. (g).
1988—Subsec. (a)(6). Pub. L. 100–647, § 1011(e)(5)(A), in subpar. (A) substituted “eligible deferred compensation plan” for “eligible State deferred compensation plan”, and in subpar. (B), inserted “or any organization (other than a governmental unit) exempt from tax under this subtitle,” after “foregoing,” and substituted “agency or instrumentality, or organization” for “or agency or instrumentality”.
Subsec. (f)(3). Pub. L. 100–647, § 1010(k), added par. (3).
1986—Subsec. (a)(3). Pub. L. 99–514, § 1136(b), substituted “(26), and (27)” for “and (26)”.
Pub. L. 99–514, § 1112(d)(4), substituted “(22), and (26)” for “and (22)”.
Pub. L. 99–514, § 1106(d)(3)(C), inserted “(17),” after “(16),”.
Subsec. (a)(6)(A). Pub. L. 99–514, § 1821(n), in amending subpar. (A) generally, inserted “an eligible State deferred compensation plan (within the meaning of section 457(b)), or”.
Subsec. (e). Pub. L. 99–514, § 1821(o), amended subsec. (e) generally. Prior to amendment, subsec. (e) read as follows: “If an election under section 1504(c)(2) is in effect with respect to an affiliated group for the taxable year, all items of the members of such group which are not life insurance companies shall not be taken into account in determining the amount of the tentative LICTI of members of such group which are life insurance companies.”
1984—Subsec. (b)(1)(A). Pub. L. 98–369, § 1001(b)(10), (e), substituted “6 months” for “1 year” in two places, applicable to property acquired after June 22, 1984, and before Jan. 1, 1988. See Effective Date of 1984 Amendment note below.