summary
Introduced
02/27/2014
02/27/2014
In Committee
03/04/2014
03/04/2014
Crossed Over
Passed
Dead
05/02/2014
05/02/2014
Introduced Session
Potential new amendment
2014 Regular Session
Bill Summary
Deleting a provision relating to the reporting or payment of specified insurance premium taxes; requiring an insurer to pay to the Department of Revenue a specified amount of the direct written premiums for bail bonds, etc.
AI Summary
This bill amends Florida law to change how bail bond premiums are taxed. Specifically, it removes a provision that stated the reporting and payment of insurance premium taxes would not be affected by bail bond premiums, and instead requires insurers to pay the Department of Revenue a tax of 1.75 percent on the direct written premiums for bail bonds, excluding amounts kept by bail bond agents. This change aims to establish a specific tax rate for bail bond premiums, separate from other insurance premium taxes.
Committee Categories
Budget and Finance, Business and Industry
Sponsors (1)
Other Sponsors (1)
Banking and Insurance (Senate)
Last Action
Died in Appropriations, companion bill(s) passed, see HB 5601 (Ch. 2014-38) (on 05/02/2014)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | http://www.flsenate.gov/Session/Bill/2014/1390 | 02/28/2014 |
| Senate Committee Amendment #440072 | http://www.flsenate.gov/Session/Bill/2014/1390/Amendment/440072/HTML | 04/09/2014 |
| BillText | http://www.flsenate.gov/Session/Bill/2014/1390/BillText/c1/HTML | 03/21/2014 |
| Bill | http://www.flsenate.gov/Session/Bill/2014/1390/BillText/c1/PDF | 03/21/2014 |
| Senate Committee Amendment #880184 | http://www.flsenate.gov/Session/Bill/2014/1390/Amendment/880184/HTML | 03/19/2014 |
| BillText | http://www.flsenate.gov/Session/Bill/2014/1390/BillText/Filed/HTML | 02/28/2014 |
| Bill | http://www.flsenate.gov/Session/Bill/2014/1390/BillText/Filed/PDF | 02/28/2014 |
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