2007 Senate Bill 365

Revise certain aviation insurance regulations

Introduced in the Senate

March 21, 2007

Introduced by Sen. Jud Gilbert (R-25)

To exempt “unauthorized insurers” from a 2 percent policy tax they are usually subject to, if a policy is for an interstate air carrier, and is a type of policy that is not offered by “authorized insurers” who are not subject to the 2 percent tax.

Referred to the Committee on Transportation

June 13, 2007

Reported without amendment

With the recommendation that the bill pass.

June 26, 2007

Amendment offered

To revise details of a provision that narrows the bill's scope to only include insurance sold to certain Michigan-based air carriers.

The amendment passed by voice vote

June 27, 2007

Passed in the Senate 31 to 6 (details)

To exempt “unauthorized insurers” from a 2 percent policy tax they are usually subject to, if a policy is for certain types of air carrier, and is a type of policy that is not offered by “authorized insurers” who are not subject to the 2 percent tax.

Received in the House

June 27, 2007

Referred to the Committee on Transportation