§ 6052. Returns regarding payment of wages in the form of group-term life insurance

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

1. 1964

   Revenue Act of 1964

   Pub. L. 88–272 title II § 204(c)(1) · 78 Stat. 19

   Enacted · 26 U.S.C. § 6052

   Added Pub. L. 88–272, title II, § 204(c)(1), Feb. 26, 1964, 78 Stat. 37

   Source evidence

   Code source credit
   Added Pub. L. 88–272, title II, § 204(c)(1), Feb. 26, 1964, 78 Stat. 37

   Enacted provision · exact public law section
   (1) Requirement.— Subpart C of part III of subchapter A of chapter 61 (relating to information and returns) is amended 68A Stat. 747. 26 USC 6051. by adding at the end thereof the following new section: “SEC. 6052. RETURNS REGARDING PAYMENT OF WAGES IN THE FORM OF GROUP-TERM LIFE INSURANCE. “(a) Requirement of Reporting.— Every employer who during any calendar year provides group-term life insurance on the life of an employee during part or all of such calendar year under a policy (or policies) carried directly or indirectly by such employer shall make a return according to the forms or regulations prescribed by the Secretary or his delegate, setting forth the cost of such insurance and the name and address of the employee on whose life such insurance is provided, but only to the extent, that the cost of such insurance is includible in the employee’s gross income under section 79(a). For purposes of this section, the extent to which Ante, p. 36. the cost of group-term life insurance is includible in the employee’s gross income under section 79(a) shall be determined as if the employer were the only employer paying such employee remuneration in the form of such insurance. “(b) Statements To Be Furnished to Employees With Respect to Whom Information Is Furnished.— Every employer making a return under subsection (a) shall furnish to each employee whose name is set forth in such return a written statement showing the cost of the group-term life insurance shown on such return. The written statement required under the preceding sentence shall be furnished to the employee on or before January 31 of the year following the calendar year for which the return under subsection (a) was made.”

2. 1976

   Pub. L. 94–455 title XIX § 1906(b)(13)(A) · 90 Stat. 1520

   Struck · 26 U.S.C. § 6052

   Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing

   Source evidence

   Code amendment note
   Pub. L. 94–455 struck out “or his delegate” after “Secretary” wherever appearing.

   Enacted provision · exact public law section
   (A) The Internal Revenue Code of 1954, as amended by this Act, is amended by striking out “Secretary or his delegate” each place it appears and inserting in lieu thereof “Secretary”.

3. 1986

   Tax Reform Act of 1986

   Pub. L. 99–514 title XV § 1501(c)(14) · 100 Stat. 2085

   1. Changed · 26 U.S.C. § 6052(b)

      Pub. L. 99–514, in amending subsec. (b) generally

   2. Substituted · 26 U.S.C. § 6052(b)

      Pub. L. 99–514, in substituted “information is required” for “information is furnished” in heading, and in text substituted reference to employers required to make a return for former reference to employers making a return and reference to employees whose name is required to be set forth for former reference to employees whose name is set forth

   Source evidence

   Code amendment note
   Subsec. (b). Pub. L. 99–514, in amending subsec. (b) generally, substituted “information is required” for “information is furnished” in heading, and in text substituted reference to employers required to make a return for former reference to employers making a return and reference to employees whose name is required to be set forth for former reference to employees whose name is set forth.

   Enacted provision · exact public law section
   (14) Subsection (b) of section 6052 is amended to read as follows: “(b) Statements To Be Furnished to Employees With Respect To Whom Information Is Required.— Every employer required to make a return under subsection (a) shall furnish to each employee whose name is required to be set forth in such return a written statement showing the cost of the group-term life insurance shown on such return. The written statement required under the preceding sentence shall be furnished to the employee on or before January 31 of the year following the calendar year for which the return under subsection (a) was required to be made.”

   Effective date note
   Amendment by Pub. L. 99–514 applicable to returns the due date for which (determined without regard to extensions) is after Dec. 31, 1986, see section 1501(e) of Pub. L. 99–514, set out as an Effective Date note under section 6721 of this title.

4 of 4 references resolved to an enrolled provision