MS HB741 | 2018 | Regular Session

Status

Completed Legislative Action
Sponsorship: Partisan Bill (Democrat 1)
Status: Failed on January 30 2018 - 100% progression
Action: 2018-01-30 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Provide That The Department Of Revenue Shall Annually Deposit Into A Special Fund Created In This Act An Amount Equal To A Portion Of The Insurance Premium Tax Revenue Collected From The Insurance Premium Tax Levied On The Gross Premiums On Homeowners Insurance Policies Written On Properties In This State; To Create The "county Fire Protection Assistance Fund" As A Special Fund In The State Treasury; To Provide That Monies In The Special Fund May Be Disbursed By The Department Of Insurance, Upon Appropriation By The Legislature, To Provide Assistance To Counties For Fire Protection Service Purposes; To Provide That The Department Of Insurance Shall Disburse Monies In The Special Fund To The Counties Based On The Location Of The Property On Which A Homeowners Insurance Policy Was Written That Generated The Insurance Premium Tax Revenue; And For Related Purposes.

Tracking Information

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Title

Insurance premium tax; rebate to counties a portion of revenue generated from homeowners insurance policies.

Sponsors


History

DateChamberAction
2018-01-30HouseDied In Committee
2018-01-11HouseReferred To Insurance;Ways and Means

Mississippi State Sources


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