The license fee imposed upon each insurance company which issues any insurance policy which is not a life insurance policy shall be 7.5% 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 policyholders: however, any license fee imposed upon premium receipts shall not include premiums received for those policies listed in KRS 91A.080(10) and (13).
(Ord. 02:2018, passed 2-12-18)