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PUBLIC
BILL SUMMARY For HB20B-1006

SENATE COMMITTEE ON FINANCE
Date Dec 1, 2020       Location Old Supreme Court

HB20B-1006 - Referred to the Committee of the Whole - Consent Calendar


02:34:06 PM  
Senator Zenzinger, bill sponsor, explained HB20B-1006 concerning modifications to the insurance premium tax, and, in connection therewith, modifying how credits against preimium tax payments may be claimed or transferred, adjusting how estimated quarterly taxes are calculated, and allowing a company to claim a refund for overpayments of estimated premium tax liability.  She discussed insurance tax premiums and small business relief.
02:37:22 PM  
Treasurer Dave Young, representing Department of the Treasury, testified in support of the bill.
02:39:13 PM  
Mary Wickersham, representing Department of the Treasury, made herself available for questions.
02:40:18 PM  
Senator Zenzinger made closing remarks.

02:44:53 PM
Motion Refer House Bill 20B-1006 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar.
Moved Hansen
Seconded
Bridges Yes
Lundeen Yes
Moreno Yes
Tate Excused
Woodward Excused
Hansen Yes
Gonzales Yes
Final YES: 5   NO: 0   EXC: 2   ABS:  0   FINAL ACTION:  PASS