§ 66-62. Property insurers.

Latest version.

(a)

There is assessed, imposed and levied on every insurance company, corporation or other insurer engaging in or carrying on or which shall engage in or carry on the business of property insurance, as shown by the records of the state insurance commissioner, an excise or license tax in addition to any license tax or excise tax levied by the city, which tax shall be in the amount of 1.85 percent of the gross amount of receipts of premiums from policyholders on all premiums collected on property insurance policies covering property within the corporate limits of the city.

(b)

The license or excise tax levied in subsection (a) of this section shall be due and payable annually on March 1.

(Code 1988, § 20-40)

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');