Bill Text | History of Actions | Background | Title |
Description: Risk retention groups; delete annual registration fee/change premium tax rate.
Bill Text: [Introduced]
| 1 | 01/14 (S) Referred To Insurance | |
| 2 | 02/01 (S) Died In Committee |
| Effective date | July 1, 2005 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Three/Fifths |
Senate Committee:
Principal Author: Kirby
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.
End Of Document
2005/html/History/SB/SB2490.htm