Court Opinion

ID: 9545132
Source: CourtListenerOpinion
Date Created: 2023-08-07 17:06:46.878612+00
Date Added: 2024-06-11T15:14:08.509042
License: Public Domain

MR. JUSTICE ERICKSON,
with whom MR. JUSTICE GROVES joins, dissenting:
I respectfully dissent.
The plain statutory language set forth in C.R.S. 1963, 72-1-14, requires that insurance companies pay a gross premiums tax. The tax is uniformly collected from insurance companies throughout the State of Colorado. In my opinion, regulation of insurance companies is of state-wide concern and must be uniform if the industry is to be regulated through the use of this type tax. C.R.S. 1963, 72-1-1. After obligating insurance companies to pay the gross premiums tax, the legislature granted an exemption against further taxation. 1965 Perm. Supp., C.R.S. 1963, 72-l-14(l)(c). This cannot be affected under a home rule city’s powers. I find a distinction between the situation involved in this case and those involved in the cases cited in the majority opinion. I would affirm.