# 115-hr-7373: To amend the Internal Revenue Code of 1986 to provide an exemption from FIRPTA for interests held by certain foreign insurance companies.

115-hr-7373, To amend the Internal Revenue Code of 1986 to provide an exemption from FIRPTA for interests held by certain foreign insurance companies., is a 115th Congress bill sponsored by Rep. Holding, George [R-NC-2] (R-NC); status Referred to the House Committee on Ways and Means. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/115-hr-7373
- 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-7373
- Congress: 115
- Title: To amend the Internal Revenue Code of 1986 to provide an exemption from FIRPTA for interests held by certain foreign insurance companies.
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2018-12-20
- Sponsor: Rep. Holding, George [R-NC-2] (R-NC)
- Cosponsors: 0
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

This bill exempts interests held by certain foreign insurance companies from provisions of the Foreign Investment in Real Property Tax Act of 1980 that tax foreign individuals or corporations on dispositions of investments in U.S. real property interests.

## Related bills

- 115-hr-7358: Tax Fairness for Americans Abroad Act of 2018
- 115-hr-7065: To amend the Internal Revenue Code of 1986 to establish a new phaseout of the credit for plug-in electric drive motor vehicles.
- 115-hr-6948: Medicare Diagnostic Radiopharmaceutical Payment Equity Act of 2018
- 115-hr-6854: Hurricane Florence Tax Relief Act
- 115-hr-6760: Protecting Family and Small Business Tax Cuts Act of 2018
- 115-hr-6757: Family Savings Act of 2018

## Sources
- [115-hr-7373 on Congress.gov](https://www.congress.gov/bill/115th-congress/house-bill/7373)

## Related
- [115-hr-7358: Tax Fairness for Americans Abroad Act of 2018](https://policyrisk.com/legislation/115-hr-7358)
- [115-hr-7065: To amend the Internal Revenue Code of 1986 to establish a new phaseout of the c…](https://policyrisk.com/legislation/115-hr-7065)
- [115-hr-6948: Medicare Diagnostic Radiopharmaceutical Payment Equity Act of 2018](https://policyrisk.com/legislation/115-hr-6948)
- [115-hr-6854: Hurricane Florence Tax Relief Act](https://policyrisk.com/legislation/115-hr-6854)
- [115-hr-6760: Protecting Family and Small Business Tax Cuts Act of 2018](https://policyrisk.com/legislation/115-hr-6760)
- [115-hr-6757: Family Savings Act of 2018](https://policyrisk.com/legislation/115-hr-6757)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/115-hr-7373 (as of 2025-11-18).