§ 36-625.2. Premium tax credit - Applicable insurers.  


Latest version.
  • A.  The tax credits set forth in Section 1 of this act shall apply to insurers who take action after November 1, 1987, to:

    1.  Establish new regional home offices; or

    2.  Expand existing regional home offices, and hire new employees.

    B.  An insurer in either category of the requirements of paragraph A of this section must also meet the hiring minimum requirements for the applicable tax credit bracket in Section 1 of this act.

Added by Laws 1987, c. 137, § 2, eff. Nov. 1, 1987.