§ 70-31. Imposed.

Latest version.

There is hereby assessed, imposed and levied on every insurance company, corporation or other insurer engaging in or carrying on, or which shall engage in or carry on the business of insuring with respect to casualty risks, as shown by the records of the insurance commissioners of the state, an excise or local business tax in addition to any local business tax or excise tax levied by the village. Such tax shall be in the amount of 0.85 percent of the gross amount of receipts of premiums from policy holders on all premiums collected on casualty insurance policies covering property within the corporate limits of the village.

(Code 1994, § 58-26; Ord. No. 2007-01, § 7, 1-11-2007)

State law reference

Authority to levy tax, F.S. § 185.07.

                    
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