NU Online News Service, Dec. 17, 3:17 p.m. EST

WASHINGTON–The House last night passed and sent to President Obama omnibus tax cut legislation that prolongs the
Bush-era tax cuts for at least two years.

Property and casualty insurance agents signaled strong support for the measure, H.R. 4853, and the Independent Insurance Agents and Brokers of America (IIABA) said it was "pleased" that the House had completed action.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.