VetoedFiled Apr 27, 2026
Sponsor: David Livingston (R)
Latest Action
Transmit to Governor
May 5, 2026
Summary
The bill updates the state's premium tax system by setting new tax rates for fire, disability, health‑care and other insurance and requiring insurers to file detailed annual reports. It earmarks 85% of the fire‑insurance tax for municipal and fire‑district retirement accounts for firefighters. The changes are intended to improve funding for fire protection while modernizing reporting and credit procedures.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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