DE HB376 | 2011-2012 | 146th General Assembly
Status
Spectrum: Slight Partisan Bill (Democrat 6-2)
Status: Introduced on June 7 2012 - 25% progression, died in chamber
Action: 2012-06-28 - Reported Out of Committee (ECONOMIC DEVELOPMENT/BANKING/INSURANCE/COMMERCE) in House with 7 On Its Merits
Text: Latest bill text (Draft #1) [HTML]
Status: Introduced on June 7 2012 - 25% progression, died in chamber
Action: 2012-06-28 - Reported Out of Committee (ECONOMIC DEVELOPMENT/BANKING/INSURANCE/COMMERCE) in House with 7 On Its Merits
Text: Latest bill text (Draft #1) [HTML]
Summary
This bill increases the percentage from to of one percent the premium tax on insurance policies and uses those proceeds to fund the pension and medical coverage pension plans for retired state, county and municipal police officers and firefighters, including a health insurance benefit for dependent survivors of plan members killed in the line of duty. This bill also establishes a medical insurance benefit for eligible retirees of the County Municipal Police and Firefighter’s Fund as well as a medical survivor’s benefit for child survivors of vested members of the County Municipal Police and Firefighter’s Fund, such as Aubrey Spicer, daughter of the late Georgetown Police Officer Chad Spicer. The bill provides immediate vesting for any officer or employee killed in the line of duty enrolled in the plan. The 1/4 percent increase on insurance policies, excluding vehicle and boat coverage and workers compensation coverage (which are already exempted from the fee), is about $3.00 on $1200.00 of premiums surcharged.
Title
An Act To Amend Titles 18 & 29 Of The Delaware Code Relating To Insurance Fees And Taxes And To Establish A Medical Insurance Component For Retired Delaware County And Municipal Police And Firefighters Pension Plan.
Sponsors
Rep. John Atkins [D] | Sen. Patricia Blevins [D] | Sen. Brian Bushweller [D] | Sen. Bruce Ennis [D] |
Rep. Robert Gilligan [D] | Rep. James Johnson [D] | Rep. Clifford Lee [R] | Sen. David Wilson [R] |
History
Date | Chamber | Action |
---|---|---|
2012-06-28 | Reported Out of Committee (ECONOMIC DEVELOPMENT/BANKING/INSURANCE/COMMERCE) in House with 7 On Its Merits | |
2012-06-27 | Amendment HA 1 - Introduced and Placed With Bill | |
2012-06-07 | Introduced and Assigned to Economic Development/Banking/Insurance/Commerce Committee in House |