§ 82-772. Life, accident and health insurance.  


Latest version.
  • On any insurer engaged in the business of issuing life or accident or health insurance policies or other forms of contracts or obligations covering such risks, or issuing endowment or annuity policies, or contracts, or other similar forms of contract obligations in consideration of the payment of a premium or other consideration for the issuance of such policies, contracts or obligations, whether such insurer is operating through an agent or other representative or otherwise, a tax is hereby levied in the amount of $10.00 on gross annual premiums up to $2,000.00, and the additional license tax thereafter shall not be more than $70.00 on each $10,000.00, or fraction thereof, of gross annual premiums in excess of $2,000.00; provided that the maximum license tax on such businesses payable to the city-parish consolidated government by any one insurer shall not exceed $21,000.00.

(City Code 1965, § 21-220)

State law reference

Authority to levy above tax, R.S. 22:1076(A)(1).