S257 - Appropriations Act of 2017. (SL 2017-57)

Overview: North Carolina law requires an annual insurance regulatory charge be levied on each insurance company, other than a captive insurance company. Sec. 22.1 of S.L. 2017-57 sets the percentage rate to be used in calculating the insurance regulatory charge at 6.5% for the 2018 calendar year.

This section became effective July 1, 2017.