WA People
BILL · 2007–08 SESSION · LATEST VERSION SSB 5919

SB 5919: Insurance premium taxes

Providing relief from retaliatory taxes on insurance premium taxes.

Summary

  • Changes the word "fee" to "regulatory surcharge" when referring to the amount that the Insurance Commissioner charges insurers to pay the operating costs of the Office of the Insurance Commissioner.
  • States explicitly that the regulatory surcharge is not part of a policy's premium.
  • Creates a mechanism for recouping the amount of regulatory surcharge paid in previous years from policyholders at a uniform rate separately listed on bills or policy declarations.

From the Substitute House Bill Report (SSB 5919), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 153, Laws of 2007
  1. IntroducedFeb 7, 2007
  2. Out of committeeFeb 28, 2007
  3. Passed SenateMar 8, 2007
  4. Passed HouseApr 6, 2007
  5. GovernorApr 20, 2007
  6. LawApr 20, 2007
Prime sponsor
Steve Hobbs (D-44)
Introduced
February 7, 2007 in the Senate
Last action
April 20, 2007
Session law
Chapter 153, Laws of 2007
Budget
Has a fiscal note
Versions
SB 5919, SSB 5919

AN ACT Relating to retaliatory tax relief on insurance premium taxes;

Sponsors

Prime sponsor: Steve Hobbs (D-44)

6 co-sponsors (3 Democrats, 3 Republicans)

Don Benton R-17Jean Berkey D-38Mark Schoesler R-9Brian Hatfield D-19Pam Roach R-31Paull Shin D-21

Votes

Senate · 3rd Reading & Final Passage

Passed March 8, 2007
Version voted on: SSB 5919
49 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat32000
Republican17000
How each member voted

Yea (49)

Permalink to this vote

House · Final Passage

Passed April 6, 2007
Version voted on: SSB 5919
77 Yea 20 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat62001
Republican152000
How each member voted

Yea (77)

Excused (1)

Permalink to this vote

History

  1. Effective date 7/22/2007. (SSB 5919)
  2. Chapter 153, 2007 Laws. (SSB 5919)
  3. Governor signed. (SSB 5919)
  4. Delivered to Governor. (SSB 5919)
  5. Speaker signed. (SSB 5919)
  6. President signed. (SSB 5919)
  7. Rules suspended. Placed on Third Reading. (SSB 5919)
  8. Third reading, passed; yeas, 77; nays, 20; absent, 0; excused, 1. (SSB 5919)
  9. Placed on second reading by Rules Committee. (SSB 5919)
  10. FIN - Executive action taken by committee. (SSB 5919)
  11. Minority; do not pass. (SSB 5919)
  12. FIN - Majority; do pass. (SSB 5919)
  13. Passed to Rules Committee for second reading. (SSB 5919)
  14. Referred to Finance. (SSB 5919)
  15. IFCP - Majority; do pass. (SSB 5919)
  16. IFCP - Executive action taken by committee. (SSB 5919)
  17. First reading, referred to Insurance, Financial Services & Consumer Protection. (SSB 5919)
  18. Third reading, passed; yeas, 49; nays, 0; absent, 0; excused, 0. (SSB 5919)
  19. Rules suspended. Placed on Third Reading. (SSB 5919)
  20. 1st substitute bill substituted. (SSB 5919)
  21. 1st substitute bill substituted.
  22. Placed on second reading by Rules Committee. (SSB 5919)
  23. Placed on second reading by Rules Committee.
  24. FI - Majority; 1st substitute bill be substituted, do pass. (SSB 5919)
  25. Passed to Rules Committee for second reading. (SSB 5919)
  26. Passed to Rules Committee for second reading.
  27. FI - Majority; 1st substitute bill be substituted, do pass.
  28. First reading, referred to Financial Institutions & Insurance.

SB 5919 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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