HOUSE BILL 1484

Sponsored By:

Delegate O'Donnell

Entitled:

Insurance Premium Tax - Health Maintenance Organizations and Managed Care Organizations - Repeal

Synopsis:

Repealing the insurance premium tax imposed on health maintenance organizations and managed care organizations; repealing provisions that include in the premiums to be taxed specified amounts paid to a health maintenance organization or a managed care organization; authorizing specified premiums to be allowed as specified deductions from specified gross direct premiums; making the Act contingent on the taking effect of another Act; etc.

History by Legislative Date

House Action

3/1

First Reading House Rules and Executive Nominations

3/17

Re-referred Ways and Means

3/24

Hearing 3/30 at 1:00 p.m.

Senate Action

No Action

Bill indexed under the following Subjects:

EXEMPTIONS

GROSS RECEIPTS TAX

HEALTH MAINTENANCE ORGANIZATIONS -see also- MAN CARE ORGS

INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS

MANAGED CARE ORGANIZATIONS -see also- HEALTH MAINT ORGS

REPORTS

REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.

Bill affects the following Statutes:

Health - General

( 15-102.7 , 19-727 )

Insurance

( 6-101 , 6-102 , 6-103 , 6-104 , 6-107 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered