Insurance companies would get new tax rules for certain investments and more time to use past losses.
This bill, called the Secure Family Futures Act of 2025, would change tax rules for most insurance companies. It would stop treating certain debt investments they hold as "capital assets," which could change how they are taxed. It would also let these companies carry over capital losses for 10 years instead of 5, giving them more time to lower future tax bills.
Today, most insurance companies treat debt investments like notes and bonds as "capital assets," and they can carry over capital losses for 5 years. After this bill, most insurance companies would no longer treat these specific debt investments as capital assets, and they would be able to carry over capital losses for 10 years.
S 1335 · 119th Congress · April 8, 2025 · AI Summary by gemini-2.5-flash · 8/10
Sign in to see your representatives' phone numbers
22 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.