All license fees imposed by this chapter shall be due 30 days after the end of each calendar quarter. Every insurance company subject to the license fees imposed by this chapter shall make their returns on forms prescribed by the Louisville Metro Government. Any license fees which are not paid on or before the due date shall bear interest at the tax interest rate as defined in KRS 131.010(6) from the due date until paid. Such interest is separate of penalties provided under KRS 91A.080(7).
(1994 Jeff. Code, § 122.04) (Jeff. Ord. 10-1990, adopted and effective 7-19-1990; Jeff. Am. Ord. 1-1994, adopted and effective 1-4-1994; Lou. Metro Am. Ord. No. 156-2007, approved 8-13-2007)