MS HB1380 | 2011 | Regular Session

Status

Completed Legislative Action
Sponsorship: Partisan Bill (Republican 1)
Status: Failed on February 1 2011 - 100% progression
Action: 2011-02-01 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Levy An Additional Assessment Upon Every Insurance Premium For Which Insurance Premium Tax Revenue Is Collected Under The Provisions Of Section 27-15-103 Et Seq. Of One-half Of One Percent Of The Gross Amount Of Premium Receipts Received From, And On Insurance Policies And Contracts Written In, Or Covering Risks Located In This State; To Require Insurers To Remit This Additional Assessment To The Department Of Revenue At The Same Time As They Remit Insurance Premium Tax Revenue Collected Under The Provisions Of Section 27-15-103 Et Seq.; To Require The Department Of Revenue To Annually Deposit The Monies Received From The Additional Assessment Levied Under This Section Into The Mississippi Windstorm Underwriting Association Reinsurance Assistance Fund; To Bring Forward Sections 83-34-1 Through 83-34-37, Mississippi Code Of 1972, Which Are Provisions Of Law Regarding The Mississippi Windstorm Underwriting Association, For The Purposes Of Amendment; And For Related Purposes.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

MS Windstorm Underwriting Association Reinsurance Fund; levy assessment on insurance premiums to be deposited in.

Sponsors


History

DateChamberAction
2011-02-01 Died In Committee
2011-01-17 Referred To Insurance

Mississippi State Sources


feedback