2007 Surplus lines tax rules and rates
Edgewater Holdings Ltd. 
Edgewater has incorporated these rates and rules into their automated forms and renewal systems as a courtesy. The surplus lines brokers are contractually responsible to correctly calculate, collect and pay the taxes and fees.
If you disagree with the grate below please let me know as soon as possible. mark@edgewater.net
| SLT | Stamping Fee | Surcharge | Apply to fees | |
| Alabama | 0.06 | n/a | Y | |
| Alaska | 0.03 | 0 | Y | |
| Arizona | 0.03 | 0 | Y | |
| Arkansas | 0.04 | n/a | Y | |
| California | 0.03 | 0 | Y | |
| Colorado | 0.03 | 0 | Y | |
| Connecticutt | 0.04 | n/a | N | |
| Delaware | 0.02 | n/a | Y | |
| Florida | 0.05 | 0 | Y | |
| Georgia | 0.04 | 0 | Y | |
| Hawaii | 0.05 | n/a | N | |
| Idaho | 0.03 | 0 | Y | |
| Illinois | 0.04 | 0 | N | |
| Indiana | 0.03 | n/a | Y | |
| Iowa | 0.02 | n/a | Y | |
| Kansas | 0.06 | n/a | Y | |
| Kentucky | 0.03 | n/a | 0.02 | Y |
| Louisiana | 0.05 | n/a | Y | |
| Maine | 0.03 | n/a | N | |
| Maryland | 0.03 | n/a | N | |
| Massachusetts | 0.04 | n/a | N | |
| Michigan | 0.03 | n/a | N | |
| Minnesota | 0.03 | n/a | Y | |
| Mississippi | 0.04 | 0 | Y | |
| Missouri | 0.05 | n/a | Y | |
| Montana | 0.03 | n/a | Y | |
| Nebraska | 0.03 | n/a | Y | |
| Nevada | 0.04 | 0.005 (min. $25.00) | Y* | |
| New Hampshire | 0.02 | n/a | N | |
| New Jersey | 0.03 | n/a | N | |
| New Mexico | 0.03 | n/a | Y | |
| New York | 0.04 | 0 | Y | |
| North Carolina | 0.05 | n/a | ** | |
| North Dakota | 0.02 | n/a | Y | |
| Ohio | 0.05 | n/a | Y | |
| Oklahoma | 0.06 | n/a | Y | |
| Oregon | 0.02 | 0 | Y | |
| Pennsylvania | 0.03 | n/a | N | |
| Rhode Island | 0.03 | n/a | Y*** | |
| South Carolina | 0.04 | n/a | ** | |
| South Dakota | 0.03 | n/a | Y | |
| Tennessee | 0.03 | n/a | Y | |
| Texas | 0.05 | 0 | Y | |
| Utah | 0.04 | 0 | Y | |
| Vermont | 0.03 | n/a | N | |
| Virginia | 0.02 | n/a | Y | |
| Washington DC | 0.02 | n/a | Y | |
| Washington | 0.02 | 0 | ** | |
| West Virginia | 0.04 | Y | ||
| Wisconsin | 0.03 | Y | ||
| Wyoming | 0.03 | Y | ||
| Some of the differences appear to be due to rounding. We calculate our tax just like | ||||
| the state requirement. Rounding can make a difference in final calculations. | ||||
| Arizona: Stamping fee is .2% (.002) effective 1/1/06 | ||||
| California: Stamping fee is .125% (.00125) effective 1/1/07 | ||||
| Colorado: Stamping fee is .1% (.001) effective 1/1/04 | ||||
| Florida: Stamping fee is .1% (.001) effective 4/1/07 | ||||
| Florida Hurricane Cat Fund Fee is 1% (.01) eff 1/1/07 and applies to all coverage except: | ||||
| Medical Malpractice, Workers Comp, Accident & Health, National Flood | ||||
| Georgia: No Stamping Fee | ||||
| Idaho: Tax is 1.5% (.015) effective 1/1/07, Stamping fee is .25% (.0025) effective 1/1/07 | ||||
| Iowa: Tax is 1% (.01) effective 1/1/07 | ||||
| Kentucky: Are you charging the municiple tax? | ||||
| Michigan: Tax is 2% (.02), Regulatory fee is .5% (.005) | ||||
| Mississippi: Stamping fee is .25% (.0025) effective 7/1/03 | ||||
| Montana: Tax is 2.75% (.0275), Stamping fee is 1% (.01) | ||||
| North Dakota: Tax is 1.75% (.0175) | ||||
| Oregon: Stamping fee is .25% (.0025), There is a 1 time (annual) Service Charge of $5 eff 1/1/06 | ||||
| Pennsylvania: $15 Fee is charged annually in place of the stamping fee | ||||
| Texas: Tax is 4.85% (.0485) | ||||
| Utah: Tax is 4.25% (.0425), Stamping fee is .25% (.0025) | ||||
| Virginia: Tax is 2.25% (.0225) | ||||
| *Nevada: Fees are considered premium with the exception of inspection fees | ||||
| **We do not write surplus lines in North Carolina, South Carolina or Washington | ||||
| ***Rhode Island: Fees are taxed if reported as part of the premium | ||||
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