Mississippi Legislature
2005 Regular Session

House Bill 1457

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Bill Text

History of Actions

Background

Title

Description: Risk retention groups; delete annual registration fee/change premium tax rate.

Bill Text: [Introduced]

History of Actions:

1 01/17 (H) Referred To Insurance
2 02/01 (H) Died In Committee

Background Information:

Effective dateJuly 1, 2005
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredThree/Fifths

House Committee:

Principal Author: Formby

Code Sections: A 083-0055-0007, A 083-0055-0016

Title: AN ACT TO AMEND SECTION 83-55-7, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT OUT-OF-STATE RISK RETENTION GROUPS SHALL BE SUBJECT TO TAXATION, AND ANY APPLICABLE FINES AND PENALTIES RELATED THERETO, ON THE SAME BASIS AS ELIGIBLE NONADMITTED INSURERS; TO AMEND SECTION 83-55-16, MISSISSIPPI CODE OF 1972, TO DELETE THE ANNUAL REGISTRATION FEE REQUIRED TO BE PAID BY RISK RETENTION GROUPS OR RISK PURCHASING GROUPS; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/01/05 at 18:17.

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