History of Actions | Background | Title |
Description: Certified Capital Company Law; create under regulation of Department of Insurance.
| 1 | 01/18/99 | (S) | Referred To Insurance;Judiciary | |
| 2 | 02/02/99 | (S) | Died In Committee |
| Effective date | July 1, 1999 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| 3/5ths vote required | Yes |
Senate Committees:
Principal Author: Kirby
Code Sections: BF 027-0015-0103, BF 027-0015-0105, BF 027-0015-0107, BF 027-0015-0109, BF 027-0015-0113, BF 027-0015-0115, BF 027-0015-0117, BF 027-0015-0119, BF 027-0015-0121, BF 027-0015-0123, BF 027-0015-0125, BF 027-0015-0127, BF 027-0015-0129, BF 027-0015-0131
Title: AN ACT TO CREATE THE CERTIFIED CAPITAL COMPANY LAW TO PROVIDE INCENTIVES FOR INSURANCE COMPANIES TO INVEST IN QUALIFIED BUSINESS; TO PROVIDE THAT THE DEPARTMENT OF INSURANCE SHALL ESTABLISH RULES AND REGULATIONS CONCERNING APPLICATIONS AND QUALIFICATIONS FOR BECOMING A CERTIFIED CAPITAL COMPANY; TO PROVIDE THAT CERTIFIED INVESTORS SHALL BE ENTITLED TO CERTAIN PREMIUM TAX CREDITS; TO PROVIDE AGGREGATE LIMITATIONS ON THE PREMIUM TAX CREDITS; TO PROVIDE REQUIREMENTS FOR CONTINUATION OF CERTIFICATION; TO PROVIDE FOR DECERTIFICATION FOR VIOLATIONS; TO BRING FORWARD SECTIONS 27-15-103, 27-15-105, 27-15-107, 27-15-109, 27-15-113, 27-15-115, 27-15-117, 27-15-119, 27-15-121, 27-15-123, 27-15-125, 27-15-127, 27-15-129 AND 27-15-131, MISSISSIPPI CODE OF 1972, WHICH RELATE TO INSURANCE PREMIUM TAXES, FOR PURPOSES OF AMENDMENT; AND FOR RELATED PURPOSES.
End Of Document
1999\html\History/SB\SB2990.htm