AN ACT relating to the insurance premium tax.
     Amend KRS 91A.080 to exempt premiums paid to insurers of municipal bonds, leases, or other debt instruments issued by or on behalf of political subdivisions of the Commonwealth including local governments, special districts, and nonprofit corporations from the insurance premium tax; specify that the exemption shall not apply if the bonds, leases, or other debt instruments are issued for profit or on behalf of for-profit or private organizations.

     (Prefiled by the sponsor(s).)

     Jan 6-introduced in House; to Local Government (H)
     Jan 12-posted in committee
     Jan 20-reported favorably, 1st reading, to Calendar
     Jan 21-2nd reading, to Rules
     Jan 23-posted for passage in the Regular Orders of the Day for Monday, January 26, 2004
     Jan 29-3rd reading, passed 85-9
     Jan 30-received in Senate
     Feb 4-to Appropriations and Revenue (S)
     Mar 18-reported favorably, 1st reading, to Calendar
     Mar 19-2nd reading, to Rules; posted for passage in the Regular Orders of the Day for Monday, March 22, 2004
     Mar 22-3rd reading, passed 36-0
     Mar 23-received in House; enrolled, signed by each presiding officer; delivered to Governor
     Apr 2-signed by Governor (Acts ch. 28)