§ 12-37. Gross premiums tax.

(a)

There is hereby levied for the year 1984 and for each year thereafter an annual tax based solely upon gross direct premiums upon each insurer writing life, accident and sickness insurance within the City of Dublin in the amount equal to one per cent of the gross direct premiums received during the calendar year in accordance with Official Code of Georgia Annotated Section 33-8-8.1. Gross direct premiums as used in this section shall mean gross direct premiums as used in Official Code of Georgia Annotated Section 33-8-4. The premium tax levied by this section is in addition to the license fees imposed by section 12-35.

(b)

There is hereby levied for the year 1984 and for each year thereafter an annual tax upon each insurer, other than an insurer transacting business in the class of insurance designated in subsection 1 of Official Code of Georgia Annotated Section 33-3-5, doing business within the City of Dublin in an amount equal to two and one-half (2½) per cent of the gross direct premiums received during the calendar year, in accordance with Official Code of Georgia Annotated Section 33-8-8.2. Gross direct premiums as used in this section shall mean gross direct premiums as used in Official Code of Georgia Annotated Section 33-8-8.2(a).

(Ord. No. 79-36, § 3, 12-17-79; Ord. No. 83-19, §§ 4, 5, 11-3-83)