HJR 10 (BR 431) - R. Crimm
Direct the Legislative Research Commission to create the Local Government Insurance Premium Taxes Task Force to study the current local government insurance premium tax system to determine how efficient and how effective the system is in assessing, collecting, and remitting taxes to provide a reliable source of revenue to the appropriate local governments; direct the task force to review the feasibility of assigning to a single entity the responsibility of collecting and remitting the premium taxes to the appropriate local governments; direct the Task Force to make recommendations to streamline the current system to eliminate inefficiencies, assure accurate payments to local governments, and alleviate the administrative burden on insurance companies; establish a task force consisting of 14 members; require the task force to issue its report to the Legislative Research Commission and the Interim Joint Committee on Banking and Insurance no later than November 1, 2007; provide that final membership of the task force is subject to consideration and approval of the Legislative Research Commission; authorize the Legislative Research Commission to alternatively assign the issues to an interim joint committee or subcommittee thereof and to designate an completion date.
(Prefiled by the sponsor(s).)
Jan 2-introduced in House
Jan 3-to Banking and Insurance (H)