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MS HB1689

Bill

Official Source

Status

Failed

2/25/2026

Primary Sponsor

Henry Zuber

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Exempts premiums on property and casualty insurance policies covering Mississippi school districts from the 3% state privilege tax on insurance carriers
  • Applies to both foreign (out-of-state) insurance companies under Section 27-15-103 and domestic insurance companies under Section 27-15-109
  • Extends an existing tax exemption model already in place for the State Employees Life and Health Insurance Plan to school district property and casualty coverage
  • Effective date is July 1, 2026

Legislative Description

Insurance premium tax; exempt property and casualty policies covering school districts.

Last Action

Died In Committee

2/25/2026

Committee Referrals

Ways and Means1/19/2026

Full Bill Text

No bill text available