2487 AMH CORR REIN 495

HB 2487 - H AMD TO H AMD (H-3790.2/26) 2520

NOT ADOPTED 03/06/2026

On page 3, line 12 of the striking amendment, after "(2)" insert "This chapter does not apply to amounts received by any member of an insurance holding company system as defined in RCW 48.31B.005 from an insurer or taxpayer in respect to insurance business that is conducted on behalf of an insurer or taxpayer which is subject to a tax by the state based on gross premiums of the insurer.

(3)"

Renumber the remaining subsections consecutively and correct any internal references accordingly.

On page 3, line 32 of the striking amendment, after "activities" strike all material through "RCW 48.01.050" on line 35 and insert "regulated under Title 48 RCW.

(b) "Insurer" has the same meaning as in RCW 48.31B.005"

On page 3, after line 39 of the striking amendment, insert the following:

"(e) "Taxpayer" has the same meaning as in RCW 48.14.0201."

--- END ---