SB 996 Allows certain health insurance pool members to transfer any current or unused accumulated credits or offsets to their affiliates.
Sponsor: Crowell
LR Number: 4630S.02C Fiscal Note: 4630-02
Committee: Small Business, Insurance & Industrial Relations
Last Action: 5/16/2008 - S Informal Calendar S Bills for Perfection--SB 996-Crowell, with SCS Journal Page:
Title: SCS SB 996 Calendar Position:
Effective Date: August 28, 2008

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Current Bill Summary


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