The Crittenden County Fiscal Court approved the controversial insurance premium tax during its special meeting this morning.
Magistrates, however, amended the original proposal of a 4-percent tax before casting the favorable vote. The approved version levies a 2-percent tax on all insurance premiums, excluding health, life and worker's compensation. The amended version of the tax ordinance passed by a 5-1 margin with Magistrate Greg West casting the only dissenting vote.
About 40 people attended the meeting. The vote was taken after more than 2 hours of discussion on the issue.
Check out the video below that shows the voting process.
Thursday, March 6, 2008
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