I 115th CONGRESS 1st Session H. R. 871 IN THE HOUSE OF REPRESENTATIVES February 6, 2017 Mr. Smith of Missouri (for himself, Mr. Larson of Connecticut , and Mr. Royce of California ) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to exempt premiums paid on non-cash-value property and casualty insurance from the taxes to enforce reporting on certain foreign accounts.