Ordinance No. 70-02-15ORDINANCE NO 70-02-15
AN ORDINANCE OF THE CITY OF ATLANTIC
BEACH, FLORIDA, AMENDING CHAPTER 20,
.TAXATION, ARTICLE IV, INSURANCE PREMIUM
TAXES, SECTION 20-76, CASUALTY RISKS, TO
COMPLY WITH FLORIDA STATUE 185.08 AND
CHANGING SECTION 20-77, PROPERTY
INSURANCE, TO COMPLY WITH FLORIDA STATUE
175.101, PROVIDING FOR CODIFICATION, AND
PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the City of Atlantic Beach, Florida maintains a pension: plan for Police
Officers, and.
WHEREAS, the City of Atlantic Beach Florida has entered into an agreement with the
City of Jacksonville,-Duval County, Florida to provide fire services, and
-WHEREAS, Chapter 20, Taxation, Article IV, Insurance Premium Taxes., of the Code of
Ordinances of the City of Atlantic Beach, Florida, must comply with all State and
Federal laws governing taxation and is ..hereby amended as follows:
NOW THEREFORE, BE IT ENACTED BY THE CITY COMMISSION ON BEHALF OF
.THE PEOPLE OF THE CITY OF ATLANTIC BEACH., FLORIDA, AS FOLLOWS:
Chapter 20, Taxation, Article IV, Insurance Premium Taxes, Section 20-76, Casualty
risks and Section 20-77, Property insurance, are hereby amended as follows: -
Sec. 20-76. Casualty risks..
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 commissioner of the state, an excise or license tax in
.addition to any license tax or excise or license tax in addition to any license tax or
excise tax now levied by the city, which tax shall be in the amount e~e~e--(a-~-ye~se~t as
.established by Florida Statue 185.08 of the gross amount or receipts of premiums from
policyholders on all premiums collected on casualty insurance policies covering property
..within the corporate limits of the city:
Sec. 20-77. Property insurance.
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 property insurance, as shown by the records of
the insurance commissioner of the state, an excise or license tax in addition to any
license tax or excise tax now levied by the city, which tax-shall be in the amount e#-#we
~"~~ as established by Florida Statue 175.101 of the.gross amount or receipts of
premiums from policyholders on all premiums collected on property insurance policies
covering property within the corporate limits of the city.
PASSED by the City Commission on first reading thisa~ ~ -day of 2002.
-z~~~-'`
P SSED by the City Commission on second and final reading this ~~day of
~ 2002.
ATTEST:
Mau n King, City C r
Approved as to form and correctness:
;~
Alan Je~e ,City Attorney
LEGEND: Underlining is new language