Introduced
by
To repeal a controversial tax credit that auto insurance companies can collect based on their payments into an “insurance placement facility” or high risk pool for individuals unable to get coverage through the regular risk-based underwriting process. Reportedly the companies are collecting $80 million annually for the credit, which they claim would be tacked on to insurance bills if it is repealed.
Referred to the Committee on Government Operations
Substitute offered
by
To replace the previous version of the bill with one that revises details but does not change the substance as previously described.
The substitute passed by voice vote
Passed in the House 78 to 30 (details)
Referred to the Committee of the Whole
Amendment offered
To allow the tax credit in the current year but end it starting in 2017.
The amendment passed by voice vote
Passed in the Senate 29 to 7 (details)
To repeal a controversial tax credit that auto insurance companies can collect based on their payments into an “insurance placement facility” or high risk pool for individuals unable to get coverage through the regular risk-based underwriting process. Reportedly the companies are collecting $80 million annually for the credit, which they claim would be tacked on to insurance bills if it is repealed.
Passed in the House 80 to 28 (details)
To concur with the Senate-passed version of the bill.
