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House Bill 322

Actions | Amendments
Last Action recommitted to Appropriations & Revenue (H)
Title AN ACT relating to exemptions from local government premium taxes.
Bill Documents Bill
Impact Statements Local Mandate
Bill Request Number 1182
Sponsors S. Riggs, R. Palumbo
Summary of Original Version Amend KRS 91A.080 to exempt from the local government premium fee or tax authorized by this section: surety bonds required by law for public works projects; state government and all units of local government, including school districts; and, self-insured groups whose membership is composed of any political subdivision of the state.
Index Headings of Original Version Local Mandate - Local government premium tax, other political subdivisions, exempt
Insurance - Local government premium tax, other political subdivisions, exempt
Insurance - Local government premium tax, surety bonds on public projects, exempt
Local Government - Premium tax, other political subdivisions, exempt
Taxation - Local government premium tax, other political subdivisions, exempt
Proposed Amendments House Committee Substitute 1

Actions

Top | Amendments
02/03/11
  • introduced in House
02/04/11
  • to Local Government (H)
02/07/11
  • posted in committee
02/16/11
  • reported favorably, 1st reading, to Calendar with Committee Substitute
02/17/11
  • 2nd reading, to Rules
02/24/11
  • recommitted to Appropriations & Revenue (H)

Proposed Amendments

Top | Actions
Amendment House Committee Substitute 1
Impact Statements Local Mandate
Summary Amend Section 1 of the bill to exclude surety bonds required by KRS 45A.435 from the application of the local insurance premium tax; clarify that no license fee or tax imposed under Section 1 of the Act applies to premiums received on policies insuring the Commonwealth of Kentucky.
Index Headings Local Mandate - Local government premium tax, other political subdivisions, exempt
Insurance - Local government premium tax, other political subdivisions, exempt
Insurance - Local government premium tax, surety bonds on public projects, exempt
Local Government - Premium tax, other political subdivisions, exempt
Taxation - Local government premium tax, other political subdivisions, exempt

Last updated: 1/16/2019 3:43 PM (EST)