West Virginia § 33-3-14a Additional premium tax

West Virginia Statutes

§ 33-3-14a — Additional premium tax

West Virginia § 33-3-14a

Ch. 33Â INSURANCE

Art. 3LICENSING, FEES AND TAXATION OF INSURERS

This text of West Virginia § 33-3-14a (Additional premium tax) is published on Counsel Stack Legal Research, covering West Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

W. Va. Code § 33-3-14a (2026).

Text

For the purpose of providing additional revenue for the state General Revenue Fund, there is hereby levied and imposed, in addition to the taxes imposed by §33-3-14 of this code, an additional premium tax equal to one percent of taxable premiums. Except as otherwise provided in this section, all provisions of this article relating to the levy, imposition, and collection of the regular premium tax imposed by §33-3-14 of this code shall be applicable to the levy, imposition, and collection of the additional tax imposed by this section. All moneys received from the additional tax imposed by this section, less deductions allowed by this article or §33-43-1et seq. of this code for refunds and for costs of administration, shall be received by the commissioner and shall be paid by him or her into

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For the purpose of providing additional revenue for the state General Revenue Fund, there is hereby levied and imposed, in addition to the taxes imposed by §33-3-14 of this code, an additional premium tax equal to one percent of taxable premiums. Except as otherwise provided in this section, all provisions of this article relating to the levy, imposition, and collection of the regular premium tax imposed by §33-3-14 of this code shall be applicable to the levy, imposition, and collection of the additional tax imposed by this section. All moneys received from the additional tax imposed by this section, less deductions allowed by this article or §33-43-1et seq. of this code for refunds and for costs of administration, shall be received by the commissioner and shall be paid by him or her into the State Treasury in accordance with §33-3-14(b) of this code for the benefit of the General Revenue Fund: Provided, That moneys received pursuant to this section pertaining to federal flood insurance policy premium taxes or private market flood insurance premium taxes shall be deposited and distributed in accordance with §33-3-14(c) of this code.

Legislative History

2022 Reg. Sess., HB4295; 2003 Reg. Sess., HB2122; 2001 Reg. Sess., HB3009; 1963 Reg. Sess., SB4; 1962 Reg. Sess., HB43; 1961 Reg. Sess., SB203; 1960 Reg. Sess., HB14; 1958 Reg. Sess., HB36