ordinance no 99 8 1 insurance premium tax

Summary

The City of Crab Orchard enacts an ordinance imposing a license fee on insurance companies for engaging in business within the city limits. The fee is 9% of premiums collected within each calendar quarter. The ordinance becomes effective on January 1, 2000, and applies to various types of insurance policies.

Details

Subject

insurance premium tax

Summary

The City of Crab Orchard enacts an ordinance imposing a license fee on insurance companies for engaging in business within the city limits. The fee is 9% of premiums collected within each calendar quarter. The ordinance becomes effective on January 1, 2000, and applies to various types of insurance policies.

Action Type

new

Vote Detail

5 ayes, 0 nayes

Vote Result

passed

Adoption Date

1999-09-02

Enacting Body

City of Crab Orchard

Effective Date

2000-01-01

Ordinance Number

99-8-1