Most insurance companies would get new tax rules for certain debt and more time to claim losses.
The Secure Family Futures Act of 2025 would change tax rules for most insurance companies. It would no longer treat certain debt they hold as capital assets. It would also let them carry over capital losses for 10 years instead of 5, potentially lowering their tax bills.
Today, debt held by insurance companies is generally treated as capital assets, and they can carry over capital losses for 5 years. If this bill becomes law, most insurance companies would no longer treat certain debt as capital assets, and they would be able to carry over capital losses for 10 years instead of 5, starting with losses from budget years after December 31, 2025.
HR 2547 · 119th Congress · April 1, 2025 · AI Summary by gemini-2.5-flash · 8/10
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57 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.