The license fee imposed upon each insurance company other than those specified in § 113.02 shall be 9.2% of the premiums received by such company 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 policy holders. The provisions of this section shall not include 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, nor to premiums received on policies of group health insurance provided for state employees pursuant to KRS 18A.225(2).
(Ord. 7-84, passed - -; Am. Ord. 008-99, passed - -; Am. Ord. 001-08, passed - -)
Statutory-reference:
Amount of fee for life insurance, see KRS 91A.080(3), (10)