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MS HB70

Bill

Official Source

Status

Failed

3/7/2013

Primary Sponsor

Mark Formby

Click for details

Origin

House of Representatives

2013 Regular Session

AI Summary

  • Amends Section 83-21-25, Mississippi Code of 1972, regarding surplus lines insurance producer taxes
  • Deletes the July 1, 2013 repealer date on the exemption that excludes property risk written by the Department of Finance and Administration on behalf of the State of Mississippi from the 4% premium tax
  • Makes the exemption for state property risk permanent rather than temporary
  • Effective July 1, 2013

Legislative Description

Surplus lines insurance; delete repealer on exemption from premium tax on property risk written by DFA on behalf of state.

Last Action

Died In Committee

3/7/2013

Committee Referrals

Insurance1/11/2013

Full Bill Text

No bill text available