Connecticut 2011 Regular Session

Connecticut Senate Bill SB00590 Compare Versions

Only one version of the bill is available at this time.
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11 General Assembly Proposed Bill No. 590
22 January Session, 2011 LCO No. 1142
33 Referred to Committee on Finance, Revenue and Bonding
44 Introduced by:
55 SEN. BOUCHER, 26th Dist.
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77 General Assembly
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99 Proposed Bill No. 590
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1111 January Session, 2011
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1313 LCO No. 1142
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1515 Referred to Committee on Finance, Revenue and Bonding
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1717 Introduced by:
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1919 SEN. BOUCHER, 26th Dist.
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2121 AN ACT EXEMPTING MUNICIPAL INSURANCE POLICIES FROM THE TAX ON INSURANCE PREMIUMS.
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2323 Be it enacted by the Senate and House of Representatives in General Assembly convened:
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2525 That chapter 207 of the general statutes be amended to exempt insurance contracts and policies entered into with a municipality to provide health insurance coverage to municipal employees, retirees and their dependents from the tax on net direct premiums received by domestic insurance companies.
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2727 Statement of Purpose:
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2929 To ease municipal costs by exempting municipal insurance policies from the tax on net direct premiums received by domestic insurance companies.