Council Purpose – Contribute to the NAMIC policymaking process by assisting in the development of tax policy positions on the federal and state levels.
General Council Value Proposition – Provide the extensive council tax expertise to help proactively shape the association’s positioning and messaging on tax issues. Monitor and engage in industry wide efforts related to advocacy, policy, or the development of essential tools such as tax models.
General Council Responsibilities – The council will provide regular opportunities for networking, education, and information-sharing and will contribute to the NAMIC policymaking process by assisting in the development of policy positions on issues relevant to financial regulatory issues. Specifically, the council will:
Identify, evaluate, and monitor federal- and state-level tax issues.
Analyze policy issues, concerns, and opportunities that could impact the business activities and performance of association members and recommend appropriate positions for the association.
Develop recommendations with regard to formulating and adopting tax-related policies, programs, and practices.
Engage and encourage association membership to inform legislators and other policymakers about recent developments in insurance public policy and their implications for the industry.