§ 16-56. Same—All other insurers.

There is hereby levied an annual tax upon each insurer, other than an insurer transacting business in the class of insurance designated in O.C.G.A. § 33-3-5(1), doing business within the city in an amount equal to two and one-half (2½) percent of the gross direct premiums received during the calendar year, in accordance with O.C.G.A. § 33-8-8.2. "Gross direct premiums" as used in this section shall mean gross direct premiums as used in O.C.G.A. § 33-8-8.2(a).

(Ord. of 9-13-83, § 5)

State law reference

Authorization of counties and municipalities to levy gross direct premiums tax on insurance companies, O.C.G.A. § 33-8-8.2.