H1030 - 2016 Appropriations Act. (SL 2016-94)

Overview: G.S. 58-6-25 requires an annual insurance regulatory charge be levied on each insurance company, other than a captive insurance company. Sec. 23.1 of S.L. 2016-94 sets the percentage rate to be used in calculating the insurance regulatory charge at 6.5% for the 2017 calendar year.

This section became effective July 1, 2016.