Introduced
by
To exempt from taxation under the Michigan Business Tax the “captive insurance companies” for which Senate Bill 1061 would establish a separate tax and regulatory regime.
Referred to the Committee on Banking and Financial Institutions
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 36 to 1 (details)
Referred to the Committee on Insurance
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 108 to 0 (details)
To exempt from taxation under the Michigan Business Tax the “captive insurance companies” for which Senate Bill 1061 would establish a separate tax and regulatory regime.