# 115-hr-5651: Puerto Rico Insurance Excise Tax Exemption Act of 2018

115-hr-5651, Puerto Rico Insurance Excise Tax Exemption Act of 2018, is a 115th Congress bill sponsored by Resident Commissioner González-Colón, Jenniffer [R-PR-At Large] (R-PR); status Referred to the House Committee on Ways and Means. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/115-hr-5651
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 115-hr-5651
- Congress: 115
- Title: Puerto Rico Insurance Excise Tax Exemption Act of 2018
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2018-04-27
- Sponsor: Resident Commissioner González-Colón, Jenniffer [R-PR-At Large] (R-PR)
- Cosponsors: 4
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Puerto Rico Insurance Excise Tax Exemption Act of 2018 This bill amends the Internal Revenue Code to exempt from the foreign insurer excise tax certain insurance policies, indemnity bonds, annuity contracts, or reinsurance policies issued by partnerships or corporations created or organized under the laws of a U.S. territory or possession. The exemption applies unless any of the covered hazards, risks, losses, or liabilities are also covered by a reinsurance policy issued by a foreign insurer or reinsurer other than the partnership or corporation.

## Cosponsors (4)

- Rep. Soto, Darren [D-FL-9] (D-FL), 2018-04-27T00:00:00.000Z
- PETER KING (R-NY), 2018-04-27T00:00:00.000Z
- ROBERT BRADY (D-PA), 2018-04-27T00:00:00.000Z
- Rep. Fitzpatrick, Brian K. [R-PA-1] (R-PA), 2018-10-23T00:00:00.000Z

## Related bills

- 115-hr-5141: United States-Israel Security Assistance Authorization Act of 2018
- 115-hr-4732: National Law Enforcement Museum Commemorative Coin Act
- 115-hr-4691: WOOF! Act
- 115-hr-4107: USS Indianapolis Congressional Gold Medal Act
- 115-hr-2740: Rabbi Michoel Ber Weissmandl Congressional Gold Medal Act of 2017 (sic)
- 115-hr-2519: The American Legion 100th Anniversary Commemorative Coin Act

## Sources
- [115-hr-5651 on Congress.gov](https://www.congress.gov/bill/115th-congress/house-bill/5651)

## Related
- [115-hr-5141: United States-Israel Security Assistance Authorization Act of 2018](https://policyrisk.com/legislation/115-hr-5141)
- [115-hr-4732: National Law Enforcement Museum Commemorative Coin Act](https://policyrisk.com/legislation/115-hr-4732)
- [115-hr-4691: WOOF! Act](https://policyrisk.com/legislation/115-hr-4691)
- [115-hr-4107: USS Indianapolis Congressional Gold Medal Act](https://policyrisk.com/legislation/115-hr-4107)
- [115-hr-2740: Rabbi Michoel Ber Weissmandl Congressional Gold Medal Act of 2017 (sic)](https://policyrisk.com/legislation/115-hr-2740)
- [115-hr-2519: The American Legion 100th Anniversary Commemorative Coin Act](https://policyrisk.com/legislation/115-hr-2519)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/115-hr-5651 (as of 2025-11-18).
