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No Speedy Action On Ind. Bill To Cut Premium Tax

By lowering the premium tax, she asserted, Indiana will be more competitive with states such as Illinois, Iowa, Nebraska, South Carolina and Wyoming that, in general, have lower premium tax rates than

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There appears to be no prospect of quick passage for a bill to lower the Indiana state premium tax, according to a property-casualty insurance trade group lobbyist.

The approval by the House Insurance Committee yesterday is only a first step, said Tami Stanton, regional manager of the National Association of Mutual Insurance Companies.

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