SB280 - Specifies that insurance companies subject to an annual tax on gross premium receipts are exempt from the imposition of Missouri's corporate income and franchise taxes

SB 280

Specifies that insurance companies subject to an annual tax on gross premium receipts are exempt from the imposition of Missouri's corporate income and franchise taxes

Sponsor:

Rupp

Co-Sponsor(s)

LR Number:

1434S.01P

Committee:

Small Business, Insurance and Industry

Last Action:

4/14/2009 - Voted to return to committee of origin H Rules Committee

Journal Page:

H1042

Title:

Calendar Position:

Effective Date:

August 28, 2009

House Handler:

Yates

Current Bill Summary

SB 280 - Under current law, insurance companies which pay an annual tax on gross premium receipts are exempt from the imposition of Missouri's corporate income and franchise taxes. This act specifies that insurance companies subject to an annual tax on gross premium receipts are exempt from the imposition of Missouri's corporate income and franchise taxes.

JASON ZAMKUS

Amendments