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HI HB2852
Bill
Status
3/2/2010
Primary Sponsor
Calvin Say
Click for details
AI Summary
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Temporarily imposes insurance premium tax on mutual benefit societies and health maintenance organizations from July 1, 2010, to June 30, 2015, to raise additional state revenue.
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Establishes a tax credit for health insurers offering health insurance plans who make expenditures on medical workforce promotion, health workforce education, or indigent health care programs.
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Excludes fraternal benefit societies that offer benefit contracts from the insurance premium tax.
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Received opposition from the Department of Commerce and Consumer Affairs, National Fraternal Congress of America, and Kaiser Permanente Hawaii.
Legislative Description
Insurance Premium Tax; Applicability to Mutual Benefit Societies & Health Maintenance Organizations
Last Action
(S) The committee(s) on CPN recommend(s) that the measure be HELD. The votes in CPN were as follows: 6 Aye(s): Senator(s) Baker, Ige, Espero, Green, Ihara, Sakamoto; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Hemmings.
3/16/2010