Legal Debate On Robertson Insurance Tax Policy In Texas
A chorus of executives and lawyers from Pacific Mutual Life, Hanover, and others defend the Robertson law taxing premium taxes and demanding fair treatment for home versus foreign insurers. They urge Texas to retain the law and favor local companies investing premiums in state securities, arguing against waivers or penalties for those who complied at passage.
MENTIONED IN THIS ARTICLE
Robertson
Texas
J_ LG. WEYWORDS
Ransis City Life Insurance Cone Pas
Witling Gibson
Sanhattan Wife Insurance Company
New York
L. A. Carlton
Hanstein, Thesas
Forein
Frank P. Holland
Farm
Rand Am Holland
Dallas
J. Sheb Wiclians
Farner and
Caple Uilist
Paris
Tess
Honeuro
Robertson Lynnas
Wexay
Vexans
Seventeen Foreign Insurance Firms Seek Texas Legislation Advantage
Seventeen foreign insurers push a Gibson bill to repeal the Robertson law and force investments in Texas. They promise to pay Texas taxes and invest billions over five years, while opponents note current investments exceed forty million in taxes and tax receipts. Local business leaders urge citizens to oppose the measure.
MENTIONED IN THIS ARTICLE
Texas
Texas Securities
Tventy
Jesse H. Jones
Houston
Texas Business Men’s Association
Chambers of Commerce
Farmers’ and Business Men’s Association of Texas
Texas Insurance Law Proposals Target Foreign Companies
The article outlines proposed Texas statutes requiring foreign insurers to invest Texas reserve funds, with minimum tax rates and real estate loan conditions. It cites penalties, reports, and occupation taxes tied to reserve investments, plus calls for mortgages and real estate security. It notes J M Jones of Houston and discusses permits for loaning funds without life insurance licenses, plus incentives for certain companies to resume inspections.
MENTIONED IN THIS ARTICLE
Texas
Dmr
Jesse Jones
Houston
Ita
B.S
Gibson bill expands Texas securities scope in life insurance policy loans
The text outlines that Texas Securities include real estate, personal property, policy loans, and securities of Texas domiciled firms and individuals. It describes tax reductions tied to Texas reserve investments, exemptions for foreign companies, and rules on occupation taxes, remissions, and licensing in Texas life insurance.
MENTIONED IN THIS ARTICLE
Texas
Feuna
Texas Reserve and
Texas Securities
Texas Reserve
Ita
Also Mentioned on This Page
George 1
Cocimran
Pacifie Mutual Life Insurance Company
Los Angeles
California
Moris Shepherd
United States
Haiti
Gregory, Butts & Brooks
Austin
Cobbs
San Amionio
W.W. Gill
Edward Grey
Jhllay Lewellyn
Gonroc
Barry Milley
J. T. Montgomiery
Wichita Falls
N. I. Morris
Palestine
Proctor
Beaumon
Harry L. Seay
Messrs
Spetl & Sanford
Waco
Tf. Swone
M. W. Townsend
Dally
Dally; ‘Wwallie Tyler, Houston; RW. Ball
Amarillo
Joluri
Onion
San Antonio
W. J. Crawford
Beaumont
Jos
Cockrel
Dallig
F. J. Townes
M. Campbell
Bfe
Eli
Kirby Lamberto
Gibson
East
Suiubeard Nalicael Bank of
Ball
Gee
W. W. Cormig
Insurance and Bunting
Ioan
Te Hobertson Insurance
Commonwealth
EL Tawkins
Iugnrance and Banking
Supreme Court of
Tens
Mr. Cuan
Judge Autry
W. C. Hogg
Mefstam
Tenis
Canada
Dallas County
State of
Eback Life Insurance Company
Iauranes
Gibson Bill
Missouri, Kansas & ‘Exas Railway Company
Missouri, Kansas & Texas Railway Company
Wall Street
Teastle
Texas Life Convention
Mig
Tao
Faa
Tifa
Furnas
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