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.

"The House Insurance Committee's unanimous approval of HB 1250 is a tremendous start for the bill, but there is a long legislative road ahead," Ms. Stanton said.

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