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The Multi-State Surplus Lines Premium Tax Working Group was appointed by the Surplus Lines (C) Task Force primarily to study the feasibility of creating a clearinghouse for the allocation of multiple state surplus lines premium taxes.
The authority of the working group is limited to that of an advisory body, with a goal of formulating recommendations to the Chairs of the Task Force and Property/Casualty Insurance Committee for the appropriate regulatory response. Issues upon which the Multi-State Surplus Lines Premium Tax Working Group may formulate a recommendation might include, but are not limited to, the feasibility of creating a clearinghouse for multiple state surplus lines premium taxes.
Charges
Provide the Chairs of the Task Force and Property/Casualty Insurance Committee with information regarding regulatory policy and practices with respect to the allocation of surplus lines premium taxes and a recommendation as to the feasibility of creating a clearinghouse for multiple state surplus lines premium taxes. |
