Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the SB485 Insurance Premium Tax topic
No spam. Unsubscribe anytime.
Committee moves bill giving Saint George authority to collect insurance premium tax beginning 2027
Summary
SB485, which transfers authority to levy and collect insurance premium taxes within the city to Saint George starting Jan. 1, 2027, was reported favorably by the committee without objection. Sponsor said the change aligns Saint George with other municipalities.
The committee reported Senate Bill 485 to the floor with no objections. Sen. Edmonds said the measure transfers authority over insurance premium taxes within the city of Saint George to the city government and sets Jan. 1, 2027, as the date when the city will exclusively exercise that authority.
"This transfers authority over insurance premium tax within the city of Saint George to the city government," the sponsor said, describing the change as putting Saint George in line with other municipalities and clarifying that insurers may be subject to only one local insurance premium tax for the same risk.
A small number of green cards indicating support were recorded but no public speakers addressed the committee on this bill during the hearing. The committee moved the bill to the floor by voice vote; the transcript records the motion carried without a roll‑call tally.
