In regard to the business of insurance other than life insurance, the tax and license fee established and imposed hereby shall be 9.75% of the premiums actually collected by each insurance company subject to the provisions hereof within each calendar quarter on risks located within the corporate limits of the city, on those classes of business which such insurance companies are authorized to transact, except for premiums received for insuring employers against liability for personal injuries to their employees, or death caused thereby, under the provisions of the Worker’s Compensation Act, and except for premiums received on policies of group health insurance provided for state employees under KRS 18A.225(2) and 18A.228, and less all premiums returned to policy holders.
(1996 Code, § 113.03) (Ord. 1810, passed 10-16-1984; Ord. 2241, passed 2-17-2004; Ord. 2492, passed 3-20-2020)