HB224 — TAX/INSURANCE PREMIUM: Decreases the annual premium tax on certain vehicle insurance policies (EG DECREASE GF RV See Note)

HB224 — TAX/INSURANCE PREMIUM: Decreases the annual premium tax on certain vehicle insurance policies (EG DECREASE GF RV See Note) · Informed CitizenryBeginning July 1, 2026, the annual insurance premium tax for policies covering vehicle risks is amended. For policies with gross annual premiums of $6,000 or less, the minimum annual tax shall be $…Open in Informed Citizenry