O-248-53 ORDINANCE NO. 248
AN ORDINANCE LEVYING AND IMPOSING
UPON ALL INSURERS, NOW OR HEREAFTER
ENGAGING IN OR CARRYING ON THE BUSINESS
OF INSURING WITH RESPECT TO CASUALTY
RISKS AN EXCISE OR LICENSE TAX IN ADDI-
TION TO ANY TAX NOW LEVIED, OF 1% OF
THE GROSS AMOUNT OF RECEIPTS OF ALL
PREMIUMS FROM CASUALTY INSURANCE
POLICIES INSURING PROPERTY WITHIN THE
MUNICIPAL LIMITS OF MIAMI SHORES VILLAGE,
FLORIDA; AND PROVIDING WHEN SAID TAX
SHALL BE DUE AND PAYABLE.
WHEREAS, the Legislature of the State of Florida, by Chapter
28Z30, Laws of Florida, 1953, created a Special fund known as the "Police
Officers' Retirement Fund" and thereby authorized municipalities falling
within the purview of said act, to levy an additional tax upon such insurance
carriers designated in said act, the said proceeds from said tax to be used
in partial support of said fund, and
WHEREAS, it is the desire of Miami Shores Village to put into
full force and effect the provisions of said Chapter 28230 in said municipal-
ity,
BE IT ORDAINED BY MIAMI SHORES VILLAGE:
Section 1. That there is hereby assessed, imposed and
levied on every insurance company, corporation or other insurer now
engaging in.or carrying on, or which shall hereafter engage in or carry
on the business of insuring with respect to casualty risks, as shown by
the records of the Insurance Commissioners of the State of Florida, an
excise or license tax in addition to any license tax or excise tax now levied
by Miami Shores Village, which said tax shall be in the amount of 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 Miami Shores Village.
Section 2. That the license or excise tax herein levied shall
be due and payable annually on the first day of March of each year hereafter.
Section 3. All ordinances and parts of ordinances in con-
flict herewith be and the same are hereby repealed.
Section 4. This ordinance shall go into effect immediately
upon its passage.
PASSED AND ADOPTED this Ist day of September, A. D. , 1953.
,WAYOR
ATTEST:
VILLAGE MANAGER'AND CLERK
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