| SB 996 |
Allows certain health insurance pool members to transfer any current or unused accumulated credits or offsets to their affiliates. |
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| Sponsor: |
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| LR Number: |
4630S.02C |
Fiscal Note: |
4630-02 |
| Committee: |
Small Business, Insurance & Industrial Relations |
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| Last Action: |
5/16/2008 - S Informal Calendar S Bills for Perfection--SB 996-Crowell, with SCS |
Journal
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| Title: |
SCS SB 996 |
Calendar
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| Effective Date: |
August 28, 2008 |
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Current Bill Summary
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SCS/SB 996 - This act allows health insurance pool members (those not subject to the premium tax assessed under Chapter 148) to transfer any current or unused accumulated credits or offsets to their affiliates. The act limits the use of the offset by an affiliate in that the transferred offset may only be carried forward against sales or use taxes for a period of 5 years. STEPHEN WITTE
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