State Codes and Statutes

State Codes and Statutes

Statutes > Nebraska > Chapter77 > 77-912

77-912. Tax; Director of Insurance; disposition;exceptions.The Director of Insurance shall transmit fiftypercent of the taxes paid in conformity with Chapter 44, article 1, and Chapter77, article 9, to the State Treasurer, forty percent of such taxes paid tothe General Fund, and ten percent of such taxes paid to the Mutual FinanceAssistance Fund promptly upon completion of his or her audit and examinationand in no event later than May 1 of each year, except that:(1) All fire insurance taxes paid pursuant to sections 44-150 and 81-523shall be remitted to the State Treasurer for credit to the General Fund;(2) All workers' compensation insurance taxes paid pursuant to section 44-150 shall be remitted to the State Treasurer for credit to the CompensationCourt Cash Fund; and(3) Commencing with the premium and related retaliatory taxes for thetaxable year ending December 31, 2001, and for each taxable year thereafter,all premium and related retaliatory taxes imposed by section 44-150 or 77-908paid by insurers writing health insurance in this state shall be remittedto the Comprehensive Health Insurance Pool Distributive Fund. SourceLaws 1951, c. 256, § 6, p. 880; Laws 1986, LB 1114, § 13; Laws 1987, LB 302, § 8; Laws 1993, LB 757, § 35; Laws 1996, LB 693, § 8; Laws 1998, LB 1120, § 27; Laws 1999, LB 113, § 3; Laws 2000, LB 1253, § 44; Laws 2002, Second Spec. Sess., LB 9, § 4; Laws 2003, LB 408, § 3; Laws 2006, LB 1248, § 84; Laws 2007, LB296, § 702; Laws 2010, LB698, § 4.Effective Date: March 4, 2010