20-1010. Taxes
A. On the tax payment dates prescribed in section 20-224, each prepaid dental plan
organization shall pay to the director for deposit, pursuant to sections 35-146 and
35-147, in a form prescribed by the director a tax for transacting a prepaid dental plan
in the amount of 2.0 per cent of prepaid net charges received from members.
B. The failure by an organization to pay the tax imposed by this section results in
a civil penalty determined pursuant to section 20-225.
C. A prepaid dental plan organization may claim a premium tax credit if the
organization qualifies for a credit pursuant to section 20-224.03 or 20-224.04.
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