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2006 SESSION

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SB 725 Motor vehicle insurance license tax; revenue dedicated to mass transit.

Introduced by: Charles J. Colgan | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Insurance license tax revenue; dedication to mass transit.  Dedicates an amount equal to the difference between one-third of the estimated revenue to be collected for all insurance license tax for each fiscal year and the estimated revenue from the motor vehicle insurance license tax; and increases the motor vehicle insurance license tax from two and one-fourth percent to four and one-half percent.


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