Kansas § 44-588 Premium tax; rate, payment and assessment period

Kansas Statutes

§ 44-588 — Premium tax; rate, payment and assessment period

Kansas § 44-588

Ch. 44LABOR AND INDUSTRIES

Art. 5WORKERS COMPENSATION

This text of Kansas § 44-588 (Premium tax; rate, payment and assessment period) is published on Counsel Stack Legal Research, covering Kansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Kan. Stat. Ann. § 44-588 (2026).

Text

As a condition precedent to the continuation of the certificate of authority provided in this act, all group-funded workers' compensation funds shall pay not later than 90 days after the end of each calendar year a tax upon the annual Kansas gross premium collected by the pool at the rate of 1% per annum applied to the collective premium relating to all Kansas members of the pool for the preceding calendar year. In the computation of the tax, all pools shall be entitled to deduct any annual Kansas gross premiums returned on account of cancellation or dividends returned to members of such pools or expenditures used for the purchase of specific and aggregate excess insurance, as provided in K.S.A. 44-582(a), and amendments thereto.

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As a condition precedent to the continuation of the certificate of authority provided in this act, all group-funded workers' compensation funds shall pay not later than 90 days after the end of each calendar year a tax upon the annual Kansas gross premium collected by the pool at the rate of 1% per annum applied to the collective premium relating to all Kansas members of the pool for the preceding calendar year. In the computation of the tax, all pools shall be entitled to deduct any annual Kansas gross premiums returned on account of cancellation or dividends returned to members of such pools or expenditures used for the purchase of specific and aggregate excess insurance, as provided in K.S.A. 44-582(a), and amendments thereto.