S. 1987: A bill to amend the Internal Revenue Code of 1986 to provide special rules for purposes of determining if financial guaranty insurance companies are qualifying insurance corporations under the passive foreign investment company rules.
A Senate bill (S.) in the 119th U.S. Congress.
Overview
| Congress | 119th U.S. Congress (2025–2026) |
|---|---|
| Type | Senate bill (S.) |
| Originating chamber | Senate |
| Introduced | 2025-06-09 |
| Sponsor | Sen. Cassidy, Bill [R-LA] |
| Policy area | Taxation |
| Cosponsors | 1 |
| Latest action | 2025-06-09 — Read twice and referred to the Committee on Finance. |
| Last updated | 2026-02-04 |
Summary
An official summary for this measure has not been published by Congress. The full text is available on congress.gov.
Cosponsors (1)
| Name | Party / state |
|---|---|
| Roger Marshall | R KS (original cosponsor) 2025-06-09 |
Full text & official record
The official bill text, section-by-section summary, amendments, committee reports, and the complete legislative timeline for S. 1987 are published by Congress on congress.gov.
View S. 1987 on congress.gov →
Frequently asked questions
What is S. 1987?
S. 1987 is a Senate bill (S.) introduced in the 119th U.S. Congress, originating in the Senate. Official title: A bill to amend the Internal Revenue Code of 1986 to provide special rules for purposes of determining if financial guaranty insurance companies are qualifying insurance corporations under the passive foreign investment company rules..
Where can I read the full bill text?
The full text, cosponsors, amendments, and legislative status for S. 1987 are available on congress.gov.
Bill data: congress.gov API (official congressional records).