33-13A-12. Legislative intent regarding impact on taxation.

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Current through: Including Acts of the 2025 Regular Session of the General Assembly.

It is the intent of the General Assembly that the formation of a mutual insurance holding company shall not increase the Georgia tax burden of the mutual insurance holding company system and that a reorganized stock insurer shall continue to be subject to Georgia insurance premium taxation in lieu of all other taxes except as provided in Chapter 8 of this title.

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

Code 1981, § 33-13A-12, enacted by Ga. L. 2015, p. 846, § 3/HB 185.

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Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t33-ch1-22-(v24)-2020-pdf.pdf, Volume V24, 2020 edition, page 650; merge action: carried; file SHA-256 4ecec175d949.