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2011 SESSION
HB 2335 Insurance premiums tax; retaliatory costs tax credit.
Introduced by: T. Scott Garrett | all patrons ... notes | add to my profiles | history
SUMMARY AS PASSED HOUSE:
Insurance premiums tax; retaliatory costs tax credit. Enhances the retaliatory tax credit for the insurance premiums tax by increasing the amount of the refund for certain taxpayers receiving the credit in 2000, beginning in taxable year 2011, from a maximum of $800,000 annually to $7 million annually.
SUMMARY AS INTRODUCED:
Insurance premiums tax; retaliatory costs tax credit. Enhances the retaliatory tax credit for the insurance premiums tax by increasing the amount of the refund for certain taxpayers receiving the credit in 2000, beginning in taxable year 2011, from a maximum of $800,000 to $7 million annually.