HomeMy WebLinkAboutOrdinance_152_05/20/1969• ~
ORDINANCE N0. 152
AN ORDINANCE OF THE VILLAGE OF TEQUESTA,
FLORIDA, ASSESSING AND IMPOSING AN EXCISE
TAX UPON ANY INSURER OF THE MUNICIPAL POLICE
OFFICERS RETIREMENT TRUST FUND IN ACCORDANCE
WITH SECTION 185.08, STATUTES OF FLORIDA.
WHEREAS, the Village of Tequesta has heretofore established
a Municipal Police Officers Retirement Trust Fund providing pensions
and police benefits to policemen serving said Village; and
WHEREAS, Section 185.08, Statutes of Florida, 1967, authorizes
the assessment and imposition of an excise tax upon any insurance
company or other insurer participating in such retirement trust
fund;
NOW, THEREFORE, be it ordained by the Village Council of
the Village of Tequesta, Florida:
Section 1. That an excise tax of one per cent (1%) of the
gross amount of receipts of premiums from policyholders on all
premiums collected on casualty insurance policies covering property
within the corporate limits of the Village of Tequesta be, and is
hereby, assessed and imposed on every insurance company, corpora-
tion or other insurer now engaged in or carrying on, or who shall
hereafter engage in or carry on the business of casualty insurance
as shown by the records of the State Treasurer in his capacity of
State Insurance Commissioner.
Section 2. That such excise tax shall be levied and payable
in accordance with the provisions of Sections 185.08 and 185.09,
Statutes of Florida, 1967.
. ~,.
Section 3. That the Village Manager be, and he is hereby,
authorized and directed to deposit a certified copy of this
ordinance with both the Comptroller and the Treasurer of the
State of Florida.
PASSED AND ADOPTED ON ~'~S~ READING, this ~.o ~ day of ~h~7i4~J ,
A.D., 1969.
ATTEST:
% .~t
V llage Clerk
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