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Panel concurs with amendment requiring premium tax payment and an ombudsman for nonprofit agricultural membership organization
INSURANCE & COMMERCE - SENATE · April 6, 2023
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Summary
The committee adopted a House amendment to SB324 requiring the entity described to pay a premium tax and naming an employee of the nonprofit agricultural membership organization to serve as an ombudsman for disputes; sponsors said the change is intended as a fairness measure and not a new tax.
Senator Hickey presented SB324 for Senator Desmaine and explained the House amendment requires the entity created by the bill to pay a premium tax and requires that "an employee" of the nonprofit agricultural membership organization…
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