Tax Exempt Status by State

Each state has its own requirements when it comes to determining Tax Exempt status for a policy. Use the following to help determine the proper procedure for Tax Exemptions.

 

ALABAMA:

Are Tax Exempt policies reported to the state?	No
Are Federal Credit Unions exempt?	No

 

 

 

 

 

State Links:
Section 27-10-34 - Exemptions from surplus line insurance law
Section 27-10-55 - Exemptions
Section 27-10-20 - Procuring of surplus lines from unauthorized insurers.

ALASKA:

 

 

 

State Links:

Alaska Statutes - AS 21.27
Alaska Statutes - AS 21.34
Alaska Statutes - AS 21.34.020
Alaska Statutes - AS 21.34.025
Alaska Statutes - AS 21.34.030

 

ARIZONA:

Are Tax Exempt policies reported to the state?	Yes
Are Federal Credit Unions exempt?	Not Verified - check with State

 

 

 

 

State Links:

AZ Statute 20-404 - Exemptions
AZ Statute 20-420 - Exemptions from surplus lines provisions
AZ Statute 20-422 - Alien insurance for coverage in Mexico
Arizona Statute 20-414 - Records of surplus lines brokers
Arizona Statute - Title 20 Insurance

 

ARKANSAS:

Are Tax Exempt policies reported to the state?	No
Are Federal Credit Unions exempt?	No

 

 

 

 

State Links:

Arkansas Statute A.C.A 23-65-302

 

CALIFORNIA:

Are Tax Exempt policies reported to the state?	No
Are Federal Credit Unions exempt?	No

 

 

 

 

State Links:

California Insurance Code - Chapter 6
Westlaw - California Code of Regulations

 

COLORADO:

Are Tax Exempt policies reported to the state?	No
Are Federal Credit Unions exempt?	Not Verified - Check with State

 

 

 

 

State Links:

Colorado C.R.S. 10-5-101.5 - Exemptions

 

CONNECTICUT:

Are Tax Exempt policies reported to the state?	Yes
Are Federal Credit Unions exempt?	Yes

 

 

 

 

State Links:

Chapter 701d - Surplus Lines Brokers
Chapter 698d - Unauthorized Insurers Act

 

DELAWARE:

Are Tax Exempt policies reported to the state?	Yes
Are Federal Credit Unions exempt?	Yes

 

 

 

 

State Links:

Delaware Code Title 18 Chapter 19
Delaware Code Title 18 Chapter 19 Subchapter 2

 

DISTRICT OF COLUMBIA:

Are Tax Exempt policies reported to the state?	No
Are Federal Credit Unions exempt?	No

 

 

 

 

State Links:

Code of the District of Columbia -31-2502.40

 

FLORIDA:

Are Tax Exempt policies reported to the state?	Yes
Are Federal Credit Unions exempt?	Yes

 

 

 

 

State Links:

Florida Statutes 626.917 - Eligibility for export; wet marine and transportation, aviation risks
Florida Statutes 626.912 Exemptions
Florida Tax Status Codes
Florida Coverage Codes
Florida Statute 626.915 - Surplus Lines Insurance Authorized
Florida Statute 626.916 - Eligibility for Export

 

GEORGIA:

Are Tax Exempt policies reported to the state?	Yes
Are Federal Credit Unions exempt?	Not Verified - Check with State

 

 

 

 

State Links:

Georgia Code 33-5-35

 

HAWAII:

Are Tax Exempt policies reported to the state?	No
Are Federal Credit Unions exempt?	Not Verified - Check with State

 

 

 

 

State Links:

Hawaii Code Part III 431:8-300 - Exemptions from surplus lines law

 

IDAHO:

Are Tax Exempt policies reported to the state?	No
Are Federal Credit Unions exempt?	No

 

 

 

 

State Links:

Idaho Statute 41-1212 - Exemptions from Surplus Lines Law

 

ILLINOIS:

Are Tax Exempt policies reported to the state?	No
Are Federal Credit Unions exempt?	Yes

 

 

 

 

State Links:

Illinois Compiled Statutes

 

INDIANA:

Are Tax Exempt policies reported to the state?	No
Are Federal Credit Unions exempt?	Not Verified - Check with State

 

 

 

 

State Links:

Indiana Statutes Chapter 15.8 - Surplus Lines Producers
Indiana Statutes Chapter 5 - Unauthorized Insurers Act

 

IOWA:

Are Tax Exempt policies reported to the state?	No
Are Federal Credit Unions exempt?	No

 

 

 

 

State Links:

Iowa Statutes Chapter 5151 - Surplus Lines Insurance
Iowa Statutes Chapter 21 - Requirements for Surplus Lines...
Iowa Code Chapter 507A - Unauthorized Insurers

 

KANSAS:

Are Tax Exempt policies reported to the state?	No
Are Federal Credit Unions exempt?	Yes

 

 

 

 

State Links:

Kansas Statute 79-32,113 - Exempted Organizations
Kansas Statutes 40-2247 - Exemption from insurance premium tax

 

KENTUCKY:

Are Tax Exempt policies reported to the state?	No
Are Federal Credit Unions exempt?	No

 

 

 

 

State Links:

Kentucky Statute 304.10-020 - Exemptions from Surplus Line Law
Kentucky DOI Bulletin 2021-001 - Local Government Premium Tax

 

LOUISIANA:

Are Tax Exempt policies reported to the state?	Yes
Are Federal Credit Unions exempt?	Yes

 

 

 

 

State Links:

Louisiana Insurance Code Title 22
Louisiana Revised Statutes 22:439 - Tax on surplus lines
Louisiana Industry Access Portal

 

MAINE:

Are Tax Exempt policies reported to the state?	No
Are Federal Credit Unions exempt?	Not Verified - Check with State

 

 

 

 

State Links:

Maine Insurance code 2002-A - Exemptions from provisions

 

MARYLAND:

Are Tax Exempt policies reported to the state?	Yes
Are Federal Credit Unions exempt?	Not Verified - Check with State

 

 

 

 

State Links:

Maryland Code Subtitle 3 - Surplus Lines Insurance

 

MASSACHUSETTS:

Are Tax Exempt policies reported to the state?	Yes
Are Federal Credit Unions exempt?	Not Verified - Check with State

 

 

 

 

State Links:

Massachusetts General Law Section 24 - Exemption from taxation

 

MICHIGAN:

Are Tax Exempt policies reported to the state?	State does not allow Exemptions
Are Federal Credit Unions exempt?	No

 

 

 

 

State Links:

Michigan Code 500.614 - Marine insurance; definition
Michigan Code 500.616 - Inland navigation and transportation insurance; definition
Michigan Code 500.1910 - Prohibited placement of insurance with unauthorized insurer...

 

MINNESOTA:

Are Tax Exempt policies reported to the state?	State does not allow Exemptions
Are Federal Credit Unions exempt?	No

 

 

 

 

State Links:

Minnesota SLA Filing Info & FAQ

 

MISSISSIPPI:

Are Tax Exempt policies reported to the state?	State does not allow Exemptions
Are Federal Credit Unions exempt?	No

 

 

 

 

State Links:

Mississippi Surplus Lines Statutes

 

MISSOURI:

Are Tax Exempt policies reported to the state?	Yes
Are Federal Credit Unions exempt?	Yes

 

 

 

 

State Links:

Missouri Statute 375.301 - Exemptions

 

MONTANA:

Are Tax Exempt policies reported to the state?	No
Are Federal Credit Unions exempt?	Not Verified - Check with State

 

 

 

 

State Links:

Montana Code 32-2-317 - Exemptions

 

NEBRASKA:

Are Tax Exempt policies reported to the state?	State does not allow Exemptions
Are Federal Credit Unions exempt?	No

 

 

 

 

State Links:

Nebraska Statute 44-5510

 

NEVADA:

Are Tax Exempt policies reported to the state?	No
Are Federal Credit Unions exempt?	Not Verified - Check with State

 

 

 

 

State Links:

Nevada Statute 685A.020 - Exemptions

 

NEW HAMPSHIRE:

Are Tax Exempt policies reported to the state?	State does not allow Exemptions
Are Federal Credit Unions exempt?	No

 

 

 

 

State Links:

New Hampshire Insurance Department

 

NEW JERSEY:

Are Tax Exempt policies reported to the state?	Yes
Are Federal Credit Unions exempt?	Not Verified - Check with State

 

 

 

 

State Links:

New Jersey Code Title 17:22-6.59

 

NEW MEXICO:

Are Tax Exempt policies reported to the state?	No
Are Federal Credit Unions exempt?	Yes

 

 

 

 

State Links:

New Mexico Statutes 59A-14-1

 

NEW YORK:

Are Tax Exempt policies reported to the state?	No
Are Federal Credit Unions exempt?	No

 

 

 

 

State Links:

New York Laws Article 9106 - Exemptions from Taxation

 

NORTH CAROLINA:

Are Tax Exempt policies reported to the state?	Yes
Are Federal Credit Unions exempt?	Yes - Subject to NCDOI Approval on a case-by-case basis

 

 

 

 

 

State Links:

North Carolina Surplus Lines Act 58-21

 

NORTH DAKOTA:

Are Tax Exempt policies reported to the state?	No
Are Federal Credit Unions exempt?	Not Verified - Check with State

 

 

 

 

State Links:

North Dakota Surplus Lines

 

OHIO:

Are Tax Exempt policies reported to the state?	Yes
Are Federal Credit Unions exempt?	Yes

 

 

 

 

State Links:

Ohio Code Section 3905.36
Ohio Code Section 3905.38

 

OKLAHOMA:

Are Tax Exempt policies reported to the state?	Yes
Are Federal Credit Unions exempt?	Not Verified - Check with State

 

 

 

 

State Links:

Oklahoma Statute Title 36

 

OREGON:

Are Tax Exempt policies reported to the state?	No
Are Federal Credit Unions exempt?	Yes

 

 

 

 

State Links:

Oregon Publications

 

PENNSYLVANIA:

Are Tax Exempt policies reported to the state?	Yes
Are Federal Credit Unions exempt?	Yes, if granted by the PA Dept. of Revenue

 

 

 

 

State Links:

Pennsylvania Code Chapter 124 - Surplus Lines Insurance

 

RHODE ISLAND:

Are Tax Exempt policies reported to the state?	State does not allow Exemptions
Are Federal Credit Unions exempt?	No

 

 

 

 

State Links:

Rhode Island Title 27 - Insurance

 

SOUTH CAROLINA:

Are Tax Exempt policies reported to the state?	No
Are Federal Credit Unions exempt?	Yes

 

 

 

 

State Links:

South Carolina Code of Laws Title 38 - Insurance

 

SOUTH DAKOTA:

Are Tax Exempt policies reported to the state?	No
Are Federal Credit Unions exempt?	Not Verified - Check with State

 

 

 

 

State Links:

South Dakota 58-32-5 - Exemption of interstate commerce

 

TENNESSEE:

Are Tax Exempt policies reported to the state?	Yes
Are Federal Credit Unions exempt?	Yes

 

 

 

 

State Links:

Tennessee Code 56-14-108 - Eligibility of surplus lines insurers

 

TEXAS:

Are Tax Exempt policies reported to the state?	Yes
Are Federal Credit Unions exempt?	Yes

 

 

 

 

State Links:

Texas Insurance Code 225
RPG Domestic Carrier Information

 

UTAH:

Are Tax Exempt policies reported to the state?	Yes
Are Federal Credit Unions exempt?	No

 

 

 

 

State Links:

Utah Code 31A-3-301

 

VERMONT:

Are Tax Exempt policies reported to the state?	No
Are Federal Credit Unions exempt?	Not Verified - Check with State

 

 

 

 

State Links:

Vermont Statute 5025

 

VIRGINIA:

Are Tax Exempt policies reported to the state?	No
Are Federal Credit Unions exempt?	Not Verified - Check with State

 

 

 

 

State Links:

Virginia Surplus Lines Laws

 

WASHINGTON:

Are Tax Exempt policies reported to the state?	Yes
Are Federal Credit Unions exempt?	No

 

 

 

 

State Links:

Washington 48.15.160 - Exemptions from surplus line requirements

 

WEST VIRGINIA:

Are Tax Exempt policies reported to the state?	Yes
Are Federal Credit Unions exempt?	Yes

 

 

 

 

State Links:

West Virginia Legislation Chapter 33

 

WISCONSIN:

Are Tax Exempt policies reported to the state?	Yes
Are Federal Credit Unions exempt?	Yes

 

 

 

 

State Links:

Wisconsin Publication

 

WYOMING:

Are Tax Exempt policies reported to the state?	Yes
Are Federal Credit Unions exempt?	Yes, if granted by the state

 

 

 

 

State Links:

Wyoming Statute 26-11-102

 

 

Revision History: