Insurance premium tax; exempt property and casualty policies covering school districts.

Summary

HB 1689 would remove the 3% privilege tax that the state levies on foreign and domestic insurers for property and casualty coverage bought by school districts. By cutting this tax, school districts would face lower insurance costs while insurers would keep the full premium amount. The bill did not pass and died in committee.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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