The license fee imposed upon each insurance company which issues any insurance policy shall be 4% of the premiums actually collected within each calendar quarter by reason of the issuance of such policies on risks located within the county on those classes of business which such company is authorized to transact, less all premiums returned to policyholders; 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 the death of their employees, caused thereby, under the provisions of the Worker’s Compensation Act, being KRS Chapter 342 and shall not include premiums received on policies of life insurance or health insurance.
(Ord. 2005-10, passed 3-18-2005)