KY HB315 | 2014 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 3 2014 - 25% progression, died in committee
Action: 2014-02-06 - reassigned to Banking & Insurance (H)
Pending: House Banking and Insurance Committee
Text: Latest bill text (Draft #1) [MS Word]
Status: Introduced on February 3 2014 - 25% progression, died in committee
Action: 2014-02-06 - reassigned to Banking & Insurance (H)
Pending: House Banking and Insurance Committee
Text: Latest bill text (Draft #1) [MS Word]
Summary
Amend KRS 91A.080 to authorize imposition of a local government premium tax, not to exceed one-half of one percent, on single premium bank-owned life insurance that meets the Internal Revenue Code definition of a "modified endowment contract."
Title
AN ACT relating to local government insurance premium taxes on bank-owned life insurance.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2014-02-06 | House | reassigned to Banking & Insurance (H) |
| 2014-02-04 | House | to Local Government (H) |
| 2014-02-03 | House | introduced in House |
Kentucky State Sources
| Type | Source |
|---|---|
| Summary | http://www.lrc.ky.gov/record/14RS/HB315.htm |
| Text | http://www.lrc.ky.gov/record/14RS/HB315/bill.doc |
