§ 120.27  LICENSE FEE FOR COMPANIES WHICH ISSUE POLICIES OTHER THAN LIFE INSURANCE.
   (A)   The license fee imposed upon each insurance company which issues any insurance policy which is not a life insurance policy shall be 10% of the premiums actually collected within each calendar quarter by reason of the issuance of such policies on risks located within the corporate limits of the city, on those classes of business which such company is authorized to transact, less all premiums returned to policy holders.
   (B)   However, any license fee or tax imposed upon premium receipts shall not include premiums received for insuring employers against liability for personal injuries to their employees, or death caused thereby, under the provisions of the "Workers' Compensation Act" and shall not include premiums received on policies of group health insurance provided for state employees under KRS 18A.225(2) and 18A.228.
('83 Code, § 120.22) (Ord. 21-1999, passed 3-18-99)  Penalty, see § 120.99