HomeMy WebLinkAboutCity of Tamarac Ordinance O-1975-024This Ordinance Introduced By:
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CITY OF TAMARAC, FLORIDA
ORDINANCE NO. — acy
AN ORDINANCE LEVYING AND I POSING ,UPON
EVERY INSURER, NOW OR HEREAFTER ENGAGING
IN THE BUSINESS OF CASUALTY INSURANCE
AN EXCISE OR LICENSE TAX IN ADDITION TO
ANY LAWFUL EXCISE OR LICENSE TAX NOW
LEVIED; PROVIDING FOR COMPUTATION OF TAX;
PROVIDING TIME WHEN SAID TAX SHALL BE DUE
AND PAYABLE; PROVIDING A SAVINGS CLAUSE;
REPEALING ALL ORDINANCES IN CONFLICT;
PROVIDING AN EFFECTIVE DATE.
WHEREAS, the Legislature of the State of Florida, through
Session Laws 28 to 30, Laws of Florida, 1953, created a special
fund known as the Municipal Police Officers Retirement Trust Fund,
and
WHEREAS, said Session Laws have been codified in Chapter
185 of the Statutes of the State of Florida, and
WHEREAS, Chapter 185 authorizes municipalities falling
within its purview to levy an additional tax upon certain insurance
carriers designated in said Act, and
WHEREAS, the proceeds from said tax are to be used in
support of said Trust Fund mentioned above, and
WHEREAS, the City Council of the City of Tamarac, Florida,
is desirous of implementing the provisions of Chapter 185 of the
Statutes of the State of Florida, and
WHEREAS, the City Council of the City of Tamarac, Florida,
has determined that it would be in the best interests of the Muni-
cipality to create an Ordinance to this effect,
NOW, THEREFORE,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF TAMARAC, FLORIDA:
SECTION 1: That there is hereby assessed, imposed and
levied on every insurance company, corporation or other insurer now
engaged in or carrying on, or who shall engage in or carry on the
business of casualty insurance as shown by the records of the
Department of Insurance, an excise or license tax in addition to
any lawful license or excise tax now levied by the City of Tamarac,
Florida.
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SECTION 2: That the amount of said excise or license
tax referred to in Section 1 shall be one percent (1%) of the
gross amount of receipts of premiums from policy holders on all
premiums collected on casualty insurance policies covering
property within the corporate limits of the City of Tamarac,
Florida.
SECTION 3: In the case of multiple peril policies
with a single premium for both property and casualty coverages
in such policies, thirty percent (30%) of such premium shall be
used as the basis for the one percent (1%) tax above.
SECTION 4: That said license or excise tax herein
levied and assessed shall be due and payable annually on the
first day of March of each year hereafter.
SECTION 5: Should any section or provision of this
Ordinance or any portion thereof, or any paragraph, sentence or
word be declared by a court of competent jurisidiction to be
invalid, such decision shall not affect the validity of the
remainder hereof as a whole or any part hereof other than the
part declared to be invalid.
SECTION 6: All Ordinances or parts of Ordinances in
conflict herewith are hereby repealed to the extent of such
conflict.
SECTION 7: This Ordinance shall become effective
immediately upon its final passage.
PASSED FIRST READING THIS day of 1975.
PASSED SECOND READING THIS �� day of 1975.
PASSED THIRD READING THIS
ATTEST:
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I HEREBY CERTIFY that I have
approved the form and co rr t-
ness of this rdine
-REtORO OF COUNCIL VOTE
MAYOR - D. JOHNWN
V / M - E. LANGE F
C / W - H. MASSARO
C I M . 0. TUCKER £ i
C / M - M. GUCKSMAN 56-�-7 w
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