Effective: March 31, 1973 Latest Legislation: House Bill 1257 – 109th General Assembly (A) “Return premiums,” as used in sections 5729.02 and 5729.03 of the Revised Code, does not include the cash surrender values under policies or contracts of life or endowment insurance. (B) “Foreign insurance company,” as used in sections 5729.02, 5729.05, 5729.11, and […]
Effective: March 31, 1973 Latest Legislation: House Bill 1257 – 109th General Assembly Every foreign insurance company shall set forth in its annual statement to the superintendent of insurance the gross amount of premiums received by it from policies covering risks within this state during the preceding calendar year, less return premiums paid for cancellations […]
Effective: September 29, 2013 Latest Legislation: House Bill 59 – 130th General Assembly (A) If the superintendent of insurance finds the annual statement required by section 5729.02 of the Revised Code to be correct, the superintendent shall compute the following amount, as applicable, of the balance of such gross amount, after deducting such return premiums […]
Effective: July 1, 1999 Latest Legislation: House Bill 215 – 122nd General Assembly As used in this section, “insurance company” includes any health insuring corporation as defined in section 1751.01 of the Revised Code; “insurance company group” means two or more insurance companies that are owned by a common owner or two or more insurance […]
Effective: June 30, 2005 Latest Legislation: House Bill 66 – 126th General Assembly Upon the issuance of a tax credit certificate by the director of development, a refundable credit granted by the tax credit authority under section 122.17 of the Revised Code may be claimed against the tax imposed by section 5729.03 of the Revised […]
Effective: September 29, 2013 Latest Legislation: House Bill 59 – 130th General Assembly To compute franchise taxes on gross premiums to be paid under any law of this state by any mutual insurance company authorized to do business under the laws of this state, or by any stock insurance company so authorized, doing business on […]
Effective: March 30, 2006 Latest Legislation: House Bill 530 – 126th General Assembly On or before the fifteenth day of October each year, each foreign insurance company shall pay to the treasurer of state an amount equal to one-half of the previous calendar year’s tax, before credits, which was assessed and paid under section 3737.71 […]
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly If the laws of another state, territory, or nation authorize charges for the privilege of doing business therein or taxes against insurance companies organized in this state exceeding the charges provided in sections 5729.01 to 5729.15, inclusive, of the Revised Code, like […]
Effective: March 29, 2007 Latest Legislation: House Bill 699 – 126th General Assembly As used in this section: (A) “Eligible employee” and “eligible training costs” have the same meanings as in section 5733.42 of the Revised Code. (B) “Credit period” means the calendar year ending on the thirty-first day of December next preceding the day […]
Effective: June 5, 2006 Latest Legislation: Senate Bill 321 – 126th General Assembly Upon the issuance of a tax credit certificate by the Ohio venture capital authority under section 150.07 of the Revised Code, a refundable credit may be claimed against the tax imposed on a foreign insurance company under section 5729.03 of the Revised […]
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly The superintendent of insurance, annually and at such other times as he sees fit, shall require the president or other chief officer of each company or association to file a statement under oath showing the names of each fire insurance company or […]
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly If a company fails to pay the tax levied by section 5729.03 of the Revised Code, or to make any partial payment thereof as required by law after a statement thereof has been made and mailed to it, or if the annual […]
Effective: March 30, 2006 Latest Legislation: House Bill 530 – 126th General Assembly For the purposes of this section, interest shall be computed at a rate per calendar month, rounded to the nearest one-hundredth of one per cent, equal to one-twelfth of the rate per annum prescribed by section 5703.47 of the Revised Code for […]
Effective: March 30, 2006 Latest Legislation: House Bill 530 – 126th General Assembly (A) An application to refund to a foreign insurance company any taxes imposed by section 3737.71 of the Revised Code or this chapter that are overpaid, paid illegally or erroneously, or paid on any illegal, erroneous, or excessive assessment, with interest thereon […]
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly If any foreign insurance company refuses to pay the tax levied by section 5729.03 of the Revised Code upon demand being made therefor, it shall be liable to the state at the suit of the attorney general to a penalty of not […]
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly When notice of a violation of sections 5729.07 to 5729.09, inclusive, and section 5729.13 of the Revised Code, is received by the superintendent of insurance, he shall forthwith visit the office of the company where such contract of insurance has been written […]
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly Any company which violates sections 5729.07 to 5729.09, inclusive, of the Revised Code, shall, upon notice and satisfactory proof being made to the superintendent of insurance, have its authority to transact business in this state revoked for a period of not less […]
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly When a foreign insurance company applies to the superintendent of insurance for admission to do business in this state, it shall not be admitted until it has paid all taxes and penalties assessed against it for the violation of the laws relating […]
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly The superintendent of insurance shall receive his necessary expenses as compensation for services rendered under sections 5729.01 to 5729.15, inclusive, of the Revised Code. Such sum shall be charged against the companies examined by him, and be collected by suit in any […]
Effective: September 29, 2015 Latest Legislation: House Bill 64 – 131st General Assembly (A) Terms used in this section have the same meaning as in section 5725.33 of the Revised Code. (B) There is hereby allowed a nonrefundable credit against the tax imposed by section 5729.03 or 5729.06 of the Revised Code for a foreign […]
