House Sponsors: BRADY. Short description: INS ALIEN-FOREIGN PRIVLGE TAX Synopsis of Bill as introduced: Amends the Illinois Insurance Code. Imposes as of January 1, 1998 a privilege tax on any insurance company doing any form of business, other than accident and health, in this State of 0.5% of the company's net taxable premium written. Imposes as of July 1, 1998 a privilege tax on health insurance business at the rate of 0.4% of net taxable premium written. Amends various other insurance regulatory Acts to provide that the privilege taxes are applicable to insurers organized under those Acts. Effective immediately. HOUSE AMENDMENT NO. 1. Deletes reference to: 215 ILCS 5/409 from Ch. 73, par. 1021 215 ILCS 5/444 from Ch. 73, par. 1056 215 ILCS 5/444.1 from Ch. 73, par. 1056.1 215 ILCS 5/531.13 from Ch. 73, par. 1065.80-13 215 ILCS 5/408.1 rep. 215 ILCS 110/43 from Ch. 32, par. 690.43 215 ILCS 120/15 from Ch. 73, par. 1265 215 ILCS 125/5-3 from Ch. 111 1/2, par. 1411.2 215 ILCS 130/4003 from Ch. 73, par. 1504-3 Adds reference to: 215 ILCS 5/409 from Ch. 73, par. 1021 Replaces the title and everything after the enacting clause. Amends the Illinois Insurance Code by making a technical change in the Section establishing a privilege tax on foreign and alien companies. Last action on Bill: SESSION SINE DIE Last action date: 99-01-12 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 1 SENATE - 0 END OF INQUIRY Full Text Bill Status