(1) The insurer’s license tax provided for in s. 624.501(3) shall be paid, by an insurer newly applying for a certificate of authority to transact insurance in this state, prior to and contingent upon the issuance of its original certificate of authority. If the certificate of authority is not issued, the license tax payment shall be refunded to the insurer. The license tax so paid by a newly authorized insurer shall cover the period expiring on the June 1 next following the date of its original certificate of authority.
(2) Each authorized insurer shall pay the license tax annually on or before June 1.
History.—s. 80, ch. 59-205; s. 3, ch. 63-149; s. 3, ch. 76-168; s. 1, ch. 77-237; s. 1, ch. 77-457; s. 68, ch. 82-243.
Structure Florida Statutes
Chapter 624 - Insurance Code: Administration and General Provisions
Part IV - Fees, Taxes, and Funds (Ss. 624.501-624.523)
624.501 - Filing, license, appointment, and miscellaneous fees.
624.5015 - Advance collection of fees and taxes; title insurers not to pay without reimbursement.
624.502 - Service of process fee.
624.504 - Liability for state, county tax.
624.505 - County tax; determination; additional offices; nonresident agents.
624.506 - County tax; deposit and remittance.
624.508 - Insurer’s license tax; when payable.
624.509 - Premium tax; rate and computation.
624.5091 - Retaliatory provision, insurers.
624.5092 - Administration of taxes; payments.
624.5094 - Casualty insurance premiums.
624.510 - Tax on wet marine and transportation insurance.
624.51055 - Credit for contributions to eligible nonprofit scholarship-funding organizations.
624.51056 - Credit for contributions to the New Worlds Reading Initiative.
624.51057 - Credit for contributions to eligible charitable organizations.
624.5107 - Child care tax credits.
624.511 - Tax statement; overpayments.
624.515 - State Fire Marshal regulatory assessment and surcharge; levy and amount.
624.516 - State Fire Marshal regulatory assessment and surcharge; deposit and use of funds.
624.517 - State Fire Marshal regulatory assessment; reduction of assessment.
624.518 - State Fire Marshal regulatory assessment and surcharge; tax return, overpayment.
624.519 - Nonpayment of premium tax or fire marshal assessment; penalty.
624.520 - Preemption by state.
624.521 - Deposit of certain tax receipts; refund of improper payments.