Taxation of workers' compensation insurers

1. Tax on insurance companies. Every insurance company or association which does business or collects premiums or assessments for workers' compensation insurance in this State shall, for the privilege of doing business in this State and in addition to any other taxes imposed for that privilege, pay a tax of 2% upon all gross direct premiums written, whether in cash or in notes absolutely payable on contracts written on risks located or resident in the State for workers' compensation insurance, less return premiums thereon and less all dividends paid to policyholders. 2. Returns. Insurance companies and associations shall file a return, as prescribed by the assessor, under section 2521-A for the tax levied by this section. 3. Fund. Taxes collected under this section shall be paid forthwith by the State Tax Assessor to the General Fund.