HB1228 — Insurance - Premium Receipts Tax - Exemption for Captive Insurance Procured by Nonprofit Hospitals and Health Care Systems

HB1228 — Insurance - Premium Receipts Tax - Exemption for Captive Insurance Procured by Nonprofit Hospitals and Health Care Systems · Informed CitizenryHouse Bill 1228 aims to modify the state's tax structure by exempting certain premium receipts from Maryland's taxes. Specifically, the bill targets 'captive insurance'—insurance purchased or arr…Open in Informed Citizenry