Section 6-103 - Tax rate.
§ 6-103. Tax rate.
The tax rate is:
(1) 0% for premiums for annuities; and
(2) 2% for all other premiums, including:
(i) gross receipts received as a result of capitation payments made to a managed care organization, supplemental payments, and bonus payments; and
(ii) subscription charges or other amounts paid to a for-profit health maintenance organization.
[An. Code 1957, art. 48A, § 632; 1995, ch. 36; 2004 Sp. Sess., ch. 5, § 1; 2005, ch. 280, § 4; ch. 444, § 1.]