Top Legislation - View All
Latest Action: 02/27/2007 - Assigned to Subcommittee Industrial Impact of COM Bill TextInsurance Companies, Agents, Brokers, Policies - Prohibits an insurance company from setting rates based upon the zip code of the applicant's place of residence or employment. - Amends TCA Title 56, Chapter 5. Fiscal Summary for *HB1486 / SB2095 State Revenues - Net Impact - Not Significant Increase State Expenditures - Not Significant
Latest Action: 03/02/2007 - Assigned to Gen. Sub of Senate C,L&A Comm. Bill TextInsurance Companies, Agents, Brokers, Policies - Prohibits an insurance company from setting rates based upon the zip code of the applicant's place of residence or employment. - Amends TCA Title 56, Chapter 5. Fiscal Summary for SB2095 / *HB1486 State Revenues - Net Impact - Not Significant Increase State Expenditures - Not Significant
Latest Action: 02/07/2008 - Passed second consideration, caption bill, held on desk - pending amdt. Bill TextCompanion Bill SB4174. Taxes - Clarifies that insurance companies are exempt from franchise and excise tax; revises provision regarding credit against excise tax for certain insurance companies. - Amends TCA Title 56 and Title 67. Fiscal Summary for *HB4159 / SB4174 MINIMAL Bill Summary for *HB4159 / SB4174 Present law generally imposes a gross premiums tax on insurance companies writing life, fire, marine, fidelity, surety, casualty, liability, or other forms of insurance. Under TCA Section 56-4-217, the amount of the premium taxes collected under present law is a single credit against the sum total of the taxes imposed by the Franchise Tax Law and by the Excise Tax Law. Present law provides: (1) To the extent any franchise or excise tax liability remains after application of the credit, such tax liability will be [...] show full description
Latest Action: 04/08/2008 - Assigned to Gen. Sub of: Senate Tax Sub Committee of F,W&M. Bill TextCompanion Bill HB4159. Taxes - Clarifies that insurance companies are exempt from franchise and excise tax; revises provision regarding credit against excise tax for certain insurance companies. - Amends TCA Title 56 and Title 67. Fiscal Summary for SB4174 / *HB4159 MINIMAL Bill Summary for SB4174 / *HB4159 Present law generally imposes a gross premiums tax on insurance companies writing life, fire, marine, fidelity, surety, casualty, liability, or other forms of insurance. Under TCA Section 56-4-217, the amount of the premium taxes collected under present law is a single credit against the sum total of the taxes imposed by the Franchise Tax Law and by the Excise Tax Law. Present law provides: (1) To the extent any franchise or excise tax liability remains after application of the credit, such tax liability will be [...] show full description
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Latest Legislation - View All
Latest Action: 02/07/2008 - Passed second consideration, caption bill, held on desk - pending amdt. Bill TextCompanion Bill SB4174. Taxes - Clarifies that insurance companies are exempt from franchise and excise tax; revises provision regarding credit against excise tax for certain insurance companies. - Amends TCA Title 56 and Title 67. Fiscal Summary for *HB4159 / SB4174 MINIMAL Bill Summary for *HB4159 / SB4174 Present law generally imposes a gross premiums tax on insurance companies writing life, fire, marine, fidelity, surety, casualty, liability, or other forms of insurance. Under TCA Section 56-4-217, the amount of the premium taxes collected under present law is a single credit against the sum total of the taxes imposed by the Franchise Tax Law and by the Excise Tax Law. Present law provides: (1) To the extent any franchise or excise tax liability remains after application of the credit, such tax liability will be [...] show full description
Latest Action: 04/08/2008 - Assigned to Gen. Sub of: Senate Tax Sub Committee of F,W&M. Bill TextCompanion Bill HB4159. Taxes - Clarifies that insurance companies are exempt from franchise and excise tax; revises provision regarding credit against excise tax for certain insurance companies. - Amends TCA Title 56 and Title 67. Fiscal Summary for SB4174 / *HB4159 MINIMAL Bill Summary for SB4174 / *HB4159 Present law generally imposes a gross premiums tax on insurance companies writing life, fire, marine, fidelity, surety, casualty, liability, or other forms of insurance. Under TCA Section 56-4-217, the amount of the premium taxes collected under present law is a single credit against the sum total of the taxes imposed by the Franchise Tax Law and by the Excise Tax Law. Present law provides: (1) To the extent any franchise or excise tax liability remains after application of the credit, such tax liability will be [...] show full description
Latest Action: 03/02/2007 - Assigned to Gen. Sub of Senate C,L&A Comm. Bill TextInsurance Companies, Agents, Brokers, Policies - Prohibits an insurance company from setting rates based upon the zip code of the applicant's place of residence or employment. - Amends TCA Title 56, Chapter 5. Fiscal Summary for SB2095 / *HB1486 State Revenues - Net Impact - Not Significant Increase State Expenditures - Not Significant
Latest Action: 02/27/2007 - Assigned to Subcommittee Industrial Impact of COM Bill TextInsurance Companies, Agents, Brokers, Policies - Prohibits an insurance company from setting rates based upon the zip code of the applicant's place of residence or employment. - Amends TCA Title 56, Chapter 5. Fiscal Summary for *HB1486 / SB2095 State Revenues - Net Impact - Not Significant Increase State Expenditures - Not Significant
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