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94F1D7B35E845E9E8725863100767933 Hearing Summary




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