20-1060. Taxes; exemption
A. Except as provided in subsection C of this section, on the tax payment dates prescribed in section 20-224, each health care services organization shall pay to the director for deposit, pursuant to sections 35-146 and 35-147, in a form prescribed by the director a tax for transacting a health care plan in the amount of 2.0 per cent of net charges received from enrollees.
B. The failure by an organization to pay the tax imposed by this section results in a civil penalty determined pursuant to section 20-225.
C. Payments received by health care services organizations from the secretary of health and human services pursuant to a contract issued pursuant to 42 United States Code section 1395mm(g) are not taxable under this section.
D. A health care services organization may claim a premium tax credit if the organization qualifies for a credit pursuant to section 20-224.03 or 20-224.04.
Section: Previous 20-1057.12 20-1057.13 20-1057.14 20-1057.15 20-1058 20-1059 20-1059.01 20-1060 20-1061 20-1062 20-1063 20-1064 20-1065 20-1066 20-1068 NextLast modified: October 13, 2016