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The license fee collected from insurance companies pursuant to this chapter shall be utilized as follows:
(A) One hundred percent (100%) of all insurance license taxes collected shall be paid into the General Fund.
(B) The directive in division (A) shall be effective July 1, 2014.
(Ord. 1540-2005, passed 4-26-05; Am. Ord. 1674-2014, passed 2-11-14)