Louisiana Administrative Code
Title 37 - INSURANCE Part
Part XIII - Regulations
Chapter 197 - Regulation Number 129-Surplus Lines Insurance Refund or Credit of Gross Premium Taxes
Section XIII-19703 - Applicability and Scope
Current through Register Vol. 50, No. 9, September 20, 2024
A. Regulation 129 shall apply to impositions of a tax of four and eighty-five one hundredths of one percent per annum on the gross premium without regard to the location of the covered property, risk, or exposure for all insurance placed through a Louisiana licensed surplus lines broker with a surplus lines insurer or other unauthorized insurer and for which Louisiana is the home state of the policyholder as defined in R.S. 22:46.
B. The refund or credit shall only apply to Louisiana licensed surplus lines brokers.
AUTHORITY NOTE: Promulgated in accordance with R.S. 22:11, the Administrative Procedure Act, R.S. 49:950 et seq., and R.S. 22:439.