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1997 SESSION
HB 1792 Flood Prevention and Protection Assistance Fund assessment.
Introduced by: William J. Howell | all patrons ... notes | add to my profiles
SUMMARY:
Flood Prevention and Protection Assistance Fund assessment. Repeals the requirement that insurance companies writing flood insurance pay a tax of one percent of the total gross premium income for such insurance, with a minimum assessment of $100. The assessment, which was instituted in 1990, does not apply to premium income for policies written under the National Flood Insurance Act. This measure is a recommendation of the select committee examining Virginia's gross receipts tax imposed on insurance companies pursuant to HJR 202.
FULL TEXT
- 01/08/97 House: Presented & ordered printed 975674296 pdf
- 02/03/97 House: Printed as engrossed 975674296-E pdf
- 02/14/97 House: Bill text as passed House and Senate (HB1792ER) pdf
- 03/21/97 Governor: Acts of Assembly Chapter text (CHAP0590) pdf
AMENDMENTS
HISTORY
- 01/08/97 House: Presented & ordered printed 975674296
- 01/08/97 House: Referred to Committee on Finance
- 01/10/97 House: Assigned to Finance sub-committee: 1
- 01/30/97 House: Reported from Finance with amds. (14-Y 8-N)
- 01/31/97 House: Read first time
- 02/01/97 House: Passed by for the day
- 02/02/97 House: Passed by for the day
- 02/03/97 House: Read second time
- 02/03/97 House: Committee amendments agreed to
- 02/03/97 House: Engrossed by House as amended
- 02/03/97 House: Printed as engrossed 975674296-E
- 02/04/97 House: Read third time and passed House (97-Y 3-N)
- 02/04/97 House: VOTE: PASSAGE (97-Y 3-N)
- 02/04/97 House: Communicated to Senate
- 02/05/97 Senate: Constitutional reading dispensed (39-Y 0-N)
- 02/05/97 Senate: Referred to Committee on Finance
- 02/11/97 Senate: Reported from Finance (16-Y 0-N)
- 02/11/97 Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/11/97 Senate: VOTE: (40-Y 0-N)
- 02/11/97 Senate: Read third time
- 02/11/97 Senate: Passed Senate (40-Y 0-N)
- 02/11/97 Senate: VOTE: (40-Y 0-N)
- 02/14/97 House: Bill text as passed House and Senate (HB1792ER)
- 02/20/97 House: Enrolled
- 02/20/97 House: Signed by Speaker
- 02/22/97 Senate: Signed by President
- 03/20/97 Governor: Approved by Governor-Chapter 590 (effective-see bill)
- 03/21/97 Governor: Acts of Assembly Chapter text (CHAP0590)