Pennsylvania Statutes Title 72 P.S. Taxation and Fiscal Affairs § 1739-A.1. Refund of 2009 assessment by Insurance Department

(a) Refund.--A carrier may submit a form developed under subsection (c) to the Insurance Department for a refund of the assessment paid by the carrier as required by Notice 2010-01 published at 40 Pa.B. 498 (January 16, 2010).  The amount of the refund shall equal the amount of the assessment, plus interest.

(b) Submission.--Within 30 days of the effective date of this subsection,  1 the Insurance Department shall submit notice to the Legislative Reference Bureau for publication in the next available issue of the Pennsylvania Bulletin advising carriers of the availability of a refund.  The notice shall include all of the following information.

(c) Form.--The Insurance Department shall develop the form to be used by a carrier requesting a refund.  The form shall require sufficient information for the Insurance Department to verify the information submitted by the carrier.

(d) Eligibility.--To be eligible to receive a refund under this section, the carrier must submit the form by the close of business on the date established by the Insurance Department under subsection (b)(4).

(e) Issuance.--The Insurance Department shall issue a refund to the carrier within 60 days of receipt of the form for the amount of assessment verified by the Insurance Department in accordance with this section.

(f) Carriers in liquidation.--A carrier in liquidation in calendar year 2009 may not receive a refund under this section.

(g) Report.--No later than 180 days after the final refund under subsection (e) is made, the Insurance Department shall report the aggregate amount of refunds requested and made under this section to the following:

(h) Definitions.--As used in this section, the following words and phrases shall have the meanings given to them in this subsection unless the context clearly indicates otherwise:

“Carrier.”  As defined in section 2 of the act of July 1, 1937 (P.L. 2532, No. 470),  2 known as the Workers' Compensation Security Fund Act.