House Bill 0283

CODING: Words stricken are deletions; words underlined are additions.







    Florida House of Representatives - 2000                 HB 283

        By Representative Dockery






  1                      A bill to be entitled

  2         An act relating to insurance taxes; amending s.

  3         624.511, F.S.; revising provisions which

  4         specify the date by which refunds of

  5         overpayments of taxes due under ss. 624.509 and

  6         624.510, F.S., must be made; providing an

  7         effective date.

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  9  Be It Enacted by the Legislature of the State of Florida:

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11         Section 1.  Subsection (2) of section 624.511, Florida

12  Statutes, is amended to read:

13         624.511  Tax statement; overpayments.--

14         (2)  Notwithstanding the provisions of s. 215.26(1), if

15  any insurer makes an overpayment on account of taxes due under

16  ss. 624.509 and 624.510, a refund of the overpayment of taxes

17  shall be made out of the General Revenue Fund.  Overpayment of

18  taxes due under ss. 624.509 and 624.510 shall be refunded no

19  later sooner than 60 days after the first day of the state

20  fiscal year following the date the tax was due, or, if the

21  date of the insurer's request for a refund of overpayment of

22  taxes is no earlier than the first day of the state fiscal

23  year following the date the tax was due, such overpayment

24  shall be refunded no later than 60 days after the date of the

25  insurer's request.

26         Section 2.  This act shall take effect July 1, 2000.

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CODING: Words stricken are deletions; words underlined are additions.






    Florida House of Representatives - 2000                 HB 283

    578-129-00






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  2                          HOUSE SUMMARY

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      Revises provisions which specify the date by which
  4    refunds of overpayments of insurance premium taxes under
      s. 624.509, F.S., and wet marine and transportation
  5    insurance taxes under s. 624.510, F.S., must be made.

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