Senate Bill 2420

AN ACT TO AMEND SECTION 27-15-85, MISSISSIPPI CODE OF 1972, TO REVISE THE PRIVILEGE LICENSE TAX ON EACH BUSINESS ENTITY ACTING AS AN INSURANCE PRODUCER, LIMITED LINES PRODUCER OR LIMITED LINES CREDIT INSURANCE PRODUCER; TO AMEND SECTION 27-15-87, MISSISSIPPI CODE OF 1972, TO REVISE THE PRIVILEGE LICENSE TAX ON EACH INDIVIDUAL ACTING AS AN INSURANCE PRODUCER, LIMITED LINES PRODUCER OR LIMITED LINES CREDIT INSURANCE PRODUCER; TO AMEND SECTION 27-15-89, MISSISSIPPI CODE OF 1972, TO REVISE THE PRIVILEGE LICENSE TAX ON SUPERVISING GENERAL AGENTS AND MANAGING GENERAL AGENTS; TO AMEND SECTION 27-15-91, MISSISSIPPI CODE OF 1972, IN CONFORMITY; TO AMEND SECTION 83-17-1, MISSISSIPPI CODE OF 1972, TO DELETE THE DEFINITION OF THE TERM "INSURANCE SOLICITOR" AND TO REVISE OTHER DEFINITIONS AS THEY RELATE TO INSURANCE PRODUCER LICENSING; TO AMEND SECTION 83-17-25, MISSISSIPPI CODE OF 1972, TO CHANGE THE DURATION OF PRODUCER LICENSE FROM ANNUAL TO BIENNIAL; TO AMEND SECTION 83-17-53, MISSISSIPPI CODE OF 1972, TO CLARIFY THE DEFINITION OF THE TERM "LIMITED LINES INSURANCE"; TO AMEND SECTION 83-17-63, MISSISSIPPI CODE OF 1972, TO AUTHORIZE INSURANCE PRODUCERS TO RECEIVE QUALIFICATION FOR LICENSE IN CAR RENTAL, CROP INSURANCE, SURETY, AND TRAVEL LINES OF INSURANCE; TO AMEND SECTION 83-17-251, MISSISSIPPI CODE OF 1972, TO REVISE THE NUMBER OF HOURS OF PRELICENSING EDUCATION REQUIRED FOR EACH LINE OF AUTHORITY AND THE NUMBER OF HOURS OF CONTINUING EDUCATION REQUIRED DURING EACH LICENSURE PERIOD; TO AMEND SECTION 83-17-253, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE COMMISSIONER OF INSURANCE TO ESTABLISH STANDARDS RELATING TO PRELICENSING AND CONTINUING EDUCATION COURSES; TO AMEND SECTION 83-17-255, MISSISSIPPI CODE OF 1972, TO REVISE THE MEMBERSHIP OF THE PRELICENSING AND CONTINUING EDUCATIONAL ADVISORY COMMITTEE; TO AMEND SECTION 83-17-257, MISSISSIPPI CODE OF 1972, TO REQUIRE EDUCATIONAL PROVIDERS TO SUBMIT PROOF OF ATTENDEE'S SUCCESSFUL COMPLETION OF EDUCATIONAL PROGRAMS TO THE COMMISSIONER IN AN ELECTRONIC FORMAT WITHIN A CERTAIN PERIOD OF TIME; TO AMEND SECTION 83-21-19, MISSISSIPPI CODE OF 1972, IN CONFORMITY; TO REPEAL 27-15-93, MISSISSIPPI CODE OF 1972, WHICH PROVIDES A PRIVILEGE TAX ON INCORPORATED LIFE, HEALTH OR ACCIDENT INSURANCE AGENCIES, INCORPORATED SUPERVISING GENERAL AGENTS AND LIFE INSURANCE AGENTS; TO REPEAL SECTION 27-15-95, MISSISSIPPI CODE OF 1972, WHICH PROVIDES A PRIVILEGE TAX UPON EACH PERSON, OTHER THAN AN INCORPORATED INSURANCE AGENCY WRITING HEALTH AND ACCIDENT, OR INDUSTRIAL LIFE INSURANCE; TO REPEAL SECTION 27-15-99, MISSISSIPPI CODE OF 1972, WHICH PROVIDES A PRIVILEGE TAX UPON EACH PERSON WRITING EXCLUSIVELY LAND TITLE INSURANCE; TO REPEAL SECTION 83-17-43, MISSISSIPPI CODE OF 1972, WHICH REQUIRES ALL INSURANCE SOLICITORS TO FILE WITH THE COMMISSIONER OF INSURANCE AN APPLICATION FOR CERTIFICATE OF APPOINTMENT AS SOLICITOR; AND FOR RELATED PURPOSES.

In the Senate

• Eugene S. Clarke

  Sponsor

• House of Representatives committee amendmentAdopted

  Adopted Mar 5

l9n doesn't hold this bill's text yet.

In the Senate Jan 12 – Feb 5

1. Jan 12Referred to the Senate committee on Finance
2. Jan 27Reported from committee in the Senate: title sufficient, do pass
3. Feb 5Passed the Senate

In the House of Representatives Feb 6 – Mar 5

1. Feb 6Sent to the House
2. Feb 11Referred to the House committee on Insurance
3. Feb 25Reported from committee in the House: title sufficient, do pass as amended
4. Mar 5Amended in the House
5. Passed the House as amended

To the Governor Mar 6 – Mar 26

1. Mar 6Returned to the Senate to concur in the House's amendments
2. Mar 26Died on the calendar in the Senate