KRS 91A.0810: Identification of amount of local government tax charged and taxing

jurisdiction due tax -- Notice to policyholders.

(1) Effective December 31, 2008, if the local government premium tax is included in

the premium charge to the policyholder, the insur ance company shall include the

amount of the local government tax charged for the period and the name of the

taxing jurisdiction to which the local premium tax is due for:

(a) Newly issued policies on the:

1. Policy;

2. Declaration sheet; or

3. Initial billing instruments; and

(b) Renewed policies on the:

1. Renewal certificate; or

2. Billing instrument for each period for which premium or additional

premium is charged to a policyholder by the insurance company.

(2) Before December 31, 2008, each insurance company shall cause each current

policyholder to be notified of the policyholder's rights under this chapter. The one

(1) time notice may be sent to the policyholder under any mode of communication

normally used between the insurance company and the policy holder and may be

sent as a separate notice or included as an additional item within routine statements,

billings, or other notices. The Kentucky Department of Insurance shall promulgate

by administrative regulation the text of such notice, which shall include:

(a) A statement that past and future premium charges may include a local

insurance premium tax; and

(b) A statement that a policyholder who has been erroneously charged or

overcharged the local insurance premium tax may obtain information for

requesting a refund or credit by contacting the insurance company to which

the local insurance premium tax was erroneously paid.

(3) Any insurance company contacted by a policyholder under subsection (2) of this

section shall, within thirty (30) days of the contact, provide the policyholder the full

text of KRS 91A.0804(4) to inform the policyholder of the procedural requirements

for requesting a refund or a credit. The insurance company may, at its option,

include a summary or explanation of the procedural requir ements in addition to

providing the text.