May 25, 2005, Introduced by Reps. Hune, Gaffney, Mortimer, LaJoy, Wenke and Nofs and referred to the Committee on Insurance.
A bill to amend 1956 PA 218, entitled
"The insurance code of 1956,"
(MCL 500.100 to 500.8302) by adding section 481.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 481. If an insurer identifies a breakdown of the premium
charged on its declaration sheet or in any other document provided
to an insured, the insurer shall identify the amount of the
premium, if any, that is attributed to taxes the insurer incurs
under this act and under the single business tax act, 1975 PA 228,
MCL 208.1 to 208.145.