40-1703. Assessment of tax of premiums, payment. On or before April 1 of each year, every insurance company shall deliver and pay to the commissioner of insurance a tax at the rate of 2% of the total amount of all premiums on fire and lightning insurance written covering risks located within this state during the preceding calendar year.
History: L. 1927, ch. 231, 40-1703; L. 1941, ch. 257, § 2; L. 1957, ch. 287, § 3; L. 1979, ch. 145, § 2; L. 1984, ch. 165, § 4; July 1.
Source or prior law:
L. 1895, ch. 363, § 2; R.S. 1923, 40-502.
Attorney General's Opinions:
KPERS—disability benefits; firefighters relief association. 89-12.
CASE ANNOTATIONS
1. Acts taxing and licensing foreign insurance companies held valid; interstate commerce. In re Insurance Tax Cases, 160 Kan. 300, 301, 302, 305, 309, 316, 161 P.2d 726. Affirmed: Prudential Insurance Co. of America v. Hobbs, 328 U.S. 822, 66 S. Ct. 1360, 90 L.Ed. 1258; Aetna Insurance Co. v. Hobbs, 328 U.S. 822, 66 S. Ct. 1360, 90 L.Ed. 1258; American Indemnity Co. v. Hobbs, 328 U.S. 822, 66 S. Ct. 1361, 90 L.Ed. 1258; Pacific Mut. Life Insurance Co. v. Hobbs, 328 U.S. 822, 66 S. Ct. 1361, 90 L.Ed. 1258.
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