Legislation modernizing capital tax treatment for life insurers introduced

Legislation introduced by U.S. Sens. Thom Tillis (R-NC) and Raphael Warnock (D-GA) would modernize the taxation of debt investments held by life insurers, officials said. © Shutterstock The legislation, the Secure Family Futures Act, would repeal the current capital tax treatment of those investments, like bonds, and apply ordinary tax treatment to them, the lawmakers’ […] The…