Procedures Manual

Table of Contents

Section I - Introduction
Section II - Membership
Section III - Association Filing Procedures
Section IV - Renewal Certificates
Section V - Risk Purchasing Group Certificates
Section VI - Fees
Section VII - Stamping
Section VIII - Reports
Section IX - Taxes
Section X - Ineligible Unauthorized Insurers
Section XI - Directory of Board Members and Committees
Section XII - Plan of Operation
Section XIII -Statutes & Regulations
- Statutes
- Regulations
Section XIV - Appendix
Section XV - Updates/Bulletins

Section IX - TAXES

The Excess Line Tax imposed by the State of New York is three and 6/10 percent (3.6%). An Annual Premium Tax Statement must be filed with the Department of Financial Services on or before March 15th whether or not excess lines business was produced in the preceding year.

The Association will provide members with report(s) which may assist in completing data necessary for submitting the members Annual Premium Tax Statement to New York State.

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Last Reviewed/Revised: March 2, 2021

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Procedures Manual