Insurance; tax credits to be used by insurance companies against state insurance premium tax liability for contributing money to a nonlapsing flood disaster fund; provide

A BILL to be entitled an Act to amend Chapter 8 of Title 33 of the Official Code of Georgia Annotated, relating to fees and taxes, so as to provide for tax credits to be used by insurance companies against state insurance premium tax liability for contributing money to a nonlapsing flood disaster fund of an eligible county, municipal, or county-municipal consolidated government; to provide for definitions; to provide for conditions and limitations; to provide for governmental transparency and accountability; to provide for reporting, rules, and regulations; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.