O-293-59 71-
117
ORDINANCE NO. 293
AN ORDINANCE LEVYING AND IMPOSING UPON
ALL INSURERS, NOW OR HEREAFTER ENGAG-
ING IN OR CARRYING ON THE BUSINESS OF
INSURING WITH RESPECT TO FIRE AND TORNADO
RISKS AN EXCISE OR LICENSE TAX IN ADDITION
TO ANY TAX NOW LEVIED, OF 1% OF THE GROSS
AMOUNT OF RECEIPTS OF ALL PREMIUMS FROM
FIRE AND TORNADO INSURANCE POLICIES INSUR-
ING 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 19112, Laws of Florida, 1939, created a special fund known
as the "Firemen's Relief and Pension 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 pro-
ceeds 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 19112 in said
municipality;
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 fire and tornado risks, as
shown by the records of the Insurance Commissioner of the State of
Florida, an excise or license tax in addition to any license tax or excise
tax now lev-1ed 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 anpremiums collected on fire and tornado 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.
-1-
Section 3. All ordinances and parts of ordinances in
conflict herewith be and the same are hereby repealed.
Section 4. This ordinance shall go into effect
immediately upon its passage.
PASSED AND ADOPTED this Sth day of May, 1959.
A'a� 'f
Mayor
ATTEST:
Village Clerk ��7—