Bill Title: As enacted, provides that any insurance company formed as a successor in interest not entitled to receive a reduction in its apportionment ratio for property tax purposes if the previous company already received such reduction; provides exception for insurance company formed as successor in interest in 2006. - Amends TCA Title 67, Chapter 5, Part 12.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Passed) 2009-06-17 - Pub. Ch. 361 [SB1456 Detail]

Text: Latest bill text (Draft #1) [PDF]

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