File Code: Insurance - Other than Health
- Sponsored By:
-
Delegate Donoghue
- Entitled:
-
Property and Casualty Insurers - Premium Tax Credit for Guaranty
Corporation Assessments
Allowing a credit against the insurance premium tax for assessments
paid by a member insurer to the Property and Casualty Insurance
Guaranty Corporation, to the extent the assessment paid for an account
exceeds 0.5% of the member insurer's net direct written premiums for
the preceding calendar year on the kinds of insurance covered by the
account; repealing a provision requiring that rates and premiums
include amounts to recoup assessments paid to the Corporation; etc.
House Action
- 2/21
- First Reading House Rules and Executive Nominations
- 2/25
- Re-referred Economic Matters
- 2/27
- Hearing 3/14 at 1:00 p.m.
- 3/6
- Hearing cancelled
- Hearing 3/12 at 1:00 p.m.
- 3/22
- Unfavorable Report by Economic Matters
Senate Action
- No Action
- Bill indexed under the following Subjects:
- ASSESSMENTS
- INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
- REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.
- TAX CREDITS -see also- CIRCUIT BREAKER
- Bill affects the following Statutes:
- Insurance
- (
6-121 ,
9-313 ,
9-313
)
- Bill Text:
First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered