HB 404 - Certain health plans; state and local insurance premium taxes; provide additional exemptions

Sponsored By

• (1) Channell,Mickey 116th

Committees

• HC:W&M
• SC:

Current Status

First Reader Summary

A BILL to be entitled an Act to amend Titles 33 and 48 of the O.C.G.A., relating, respectively, to insurance and revenue and taxation, so as to provide for additional exemptions for certain health plans with respect to state and local insurance premium taxes; to provide for related matters; to provide for a sales tax exemption for a limited period of time with respect to certain sales of tangible personal property or services to a qualified small business; to provide that the taxable net income of any taxpayer of this state shall not include premiums paid for high deductible health plans established and used with a health savings account; to provide for income tax credits with respect to certain qualified health insurance expenses or certain contributions related thereto; to provide for other matters relative to the foregoing; to provide effective dates; to provide for applicability; to provide for an automatic repeals under certain circumstances; to repeal conflicting laws; and for other purposes.

Status History

Versions

1. LC 28 3445/a