HF2071 (Legislative Session 94 (2025-2026))

Insurance premium tax; tax on health insurers modified.

Related bill: SF2352

AI Generated Summary

This Minnesota House of Representatives bill (H.F. No. 2071), authored by Norris and Gander, proposes changes to the state's taxation of health insurers, specifically concerning the insurance premium tax. The bill includes amendments to Minnesota Statutes 2024, modifying the definition of "direct business" to explicitly include stop-loss insurance linked to self-insurance plans while excluding reinsurance and self-insurance. The legislation also repeals certain statutory subdivisions related to this tax. The bill has been referred to the Committee on Commerce Finance and Policy for consideration.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
March 09, 2025HouseFloorActionIntroduction and first reading, referred toCommerce Finance and Policy
March 09, 2025HouseFloorActionIntroduction and first reading, referred toCommerce Finance and Policy