§ 82-61. Imposition of tax; amount.

Pursuant to and in accordance with F.S. § 175.101, there is hereby assessed and imposed upon every insurance company, corporation or other insurer now engaged in or carrying on or who shall hereafter engage in or carry on the business of property insurance an excise or license tax, in addition to any lawful license or excise tax now levied by the city, in an amount equal to 0.85 percent of the gross amount of receipts of premiums from policyholders on all premiums collected on insurance policies covering property within the city.

(Code 1979, § 29-34)