SB 32 — Reducing insurance company premium tax rates and discontinuing remittance and crediting of a portion of the premium tax to the insurance department service regulation fund.

AsAmended by House Committee Session of 2025 SENATE BILLBILLNo. No.

32 By Committee onAssessmenton Assessment and Taxation 1-16 AN ACT concerning insurance;

40-225, and amendments thereto, for the SB 3232—Am. 2 immediately preceding calendar year, shall not be less than $500 and shall not be more than the amount equal to .0000015 of the amount of total assets of the group of affiliated insurers or $25,000, whichever is less.

by HC 2 immediately preceding calendar year, shall not be less than $500 and shall not be more than the amount equal to .0000015 of the amount of total assets of the group of affiliated insurers or $25,000, whichever is less.

Upon receipt of any such certification, the director of accounts and reports shall transfer an amount of moneys equal SB 3232—Am. 3 to the amount so certified from the state general fund to the insurance department service regulation fund.

by HC 3 to the amount so certified from the state general fund to the insurance department service regulation fund.

SB 3232—Am. 4 Every insurance company or fraternal benefit society organized under the laws of this state or doing business in this state shall pay to the commissioner of insurance fees and taxes specified in the following schedule:

by HC 4 Every insurance company or fraternal benefit society organized under the laws of this state or doing business in this state shall pay to the commissioner of insurance fees and taxes specified in the following schedule:

40-1701 to 40-1707, inclusive, and 75-1508, and amendments thereto, and (2) for tax years 1984 and thereafter, any taxes paid on business in this state pursuant to the SB 3232—Am. 5 provisions of K.S.A.

by HC 5 provisions of K.S.A.

SB 3232—Am. 6 Examination of charter and other documents....................................$500 Filing annual statement.......................................................................100 Certificate of authority..........................................................................10 Annual fees:

by HC 6 Examination of charter and other documents....................................$500 Filing annual statement.......................................................................100 Certificate of authority..........................................................................10 Annual fees:

Filing annual statement.......................................................................100 Continuation of certificate of authority.................................................10 In addition to the above fees and as a condition precedent to the continuation of the certificate of authority, provided in this code, every corporation or association shall pay annually to the commissioner of insurance a tax in an amount equal to 1% for tax year 1997, and 2% for tax year 2025 and 1.98% for tax year 2026, and all tax years thereafter, SB 3232—Am. 7 per annum of the total of all premiums, subscription charges, or any other term which that may be used to describe the charges made by such corporation or association to subscribers for hospital, medical or other health services or indemnity received during the preceding year.

by HC 7 per annum of the total of all premiums, subscription charges, or any other term which that may be used to describe the charges made by such corporation or association to subscribers for hospital, medical or other health services or indemnity received during the preceding year.

SB 3232—Am. 8 Admission fees:

by HC 8 Admission fees:

(1) Any taxes paid on business in this state SB 3232—Am. 9 pursuant to the provisions of K.S.A.

by HC 9 pursuant to the provisions of K.S.A.

Filing annual statement.......................................................................100 Continuation of certificate of authority.................................................10 F Mutual nonprofit hospital service corporations, nonprofit medical service corporations, nonprofit dental service corporations, nonprofit optometric SB 3232—Am. 10 service corporations and nonprofit pharmacy service corporations organized under the laws of any other state, territory or country:

by HC 10 service corporations and nonprofit pharmacy service corporations organized under the laws of any other state, territory or country:

21- 5824, and amendments thereto, to the commissioner of insurance, stating the amount of all premiums, assessments and charges received by the companies or corporations in this state, whether in cash or notes, during SB 3232—Am. 11 the year ending on the December 31 next preceding.

by HC 11 the year ending on the December 31 next preceding.

4. This act shall take effect and be in force from and after January 1, 2026, and its publication in the statute book.book Kansas register.