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2012 Senate Bill 985: Authorize $900 million state borrowing from insurance companies
  1. Introduced by Sen. Mike Kowall (R) on February 29, 2012, to grant a 10 percent tax break to insurance companies that “pre-pay” future years’ state business tax. This bill and Senate Bills 986 and 987 appear to authorize $900 million in state government borrowing from insurance companies, arranged in the form of a discounted corporate tax prepayment.
    • Referred to the Senate Finance Committee on February 29, 2012.

Comments

Re: 2012 Senate Bill 985 (Authorize $900 million state borrowing from insurance companies )  by gregtt on November 15, 2012 
There are plenty ways of making money online and i think that people aren't even knowing about this. I think that they should be interested and they should invest in recreational projects because these kind of projects are the ones that are bringing them satisfaction. This house bill is actually really good and the number of millions will grow in a few years.

Re: 2012 Senate Bill 985 (Authorize $900 million state borrowing from insurance companies )  by isabelleelise on March 18, 2012 

A deceptive smoke & mirrors budget trick.  This will just end up costing both the taxpayers and the insurance companies additional money.  



2012 Senate Bill 985 (Authorize $900 million state borrowing from insurance companies )  by admin on March 18, 2012 
Introduced in the Senate on February 29, 2012

Click here to view bill details.

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