§ 206. Assessments to defray operating expenses of the department.\n(a) For each fiscal year commencing on or after April first, two\nthousand twelve, assessments to defray operating expenses, including all\ndirect and indirect costs, of the department, except expenses incurred\nin the liquidation of banking organizations, shall be assessed by the\nsuperintendent in accordance with this subsection. Persons regulated\nunder the insurance law shall be assessed by the superintendent for the\noperating expenses of the department that are solely attributable to\nregulating persons under the insurance law, which shall include any\nexpenses that were permissible to be assessed in fiscal year two\nthousand nine-two thousand ten, with the assessments allocated pro rata\nupon all domestic insurers and all licensed United States branches of\nalien insurers domiciled in this state within the meaning of paragraph\nfour of subsection (b) of section seven thousand four hundred eight of\nthe insurance law, in proportion to the gross direct premiums and other\nconsiderations, written or received by them in this state during the\ncalendar year ending December thirty-first immediately preceding the end\nof the fiscal year for which the assessment is made (less return\npremiums and considerations thereon) for policies or contracts of\ninsurance covering property or risks resident or located in this state\nthe issuance of which policies or contracts requires a license from the\nsuperintendent. Persons regulated under the banking law shall be\nassessed by the superintendent for the operating expenses of the\ndepartment that are solely attributable to regulating persons under the\nbanking law in such proportions as the superintendent shall deem just\nand reasonable. Persons regulated under this chapter that engage in\n"virtual currency business activity," as that term is defined by the\ndepartment, shall be assessed by the superintendent for the operating\nexpenses of the department that are solely attributable to regulating\nsuch persons in such proportions as the superintendent shall deem just\nand reasonable. Operating expenses of the department not covered by the\nassessments set forth above shall be assessed by the superintendent in\nsuch proportions as the superintendent shall deem just and reasonable\nupon all domestic insurers and all licensed United States branches of\nalien insurers domiciled in this state within the meaning of paragraph\nfour of subsection (b) of section seven thousand four hundred eight of\nthe insurance law, and upon any regulated person under the banking law,\nother than mortgage loan originators, and upon persons regulated under\nthis chapter that engage in virtual currency business activity, except\nas otherwise provided by sections one hundred fifty-one and two hundred\ntwenty-eight of the workers' compensation law and by section sixty of\nthe volunteer firefighters' benefit law. The provisions of this\nsubsection shall not be applicable to a bank holding company, as that\nterm is defined in article three-A of the banking law. Persons regulated\nunder the banking law will not be assessed for expenses that the\nsuperintendent deems to benefit solely persons regulated under the\ninsurance law or under this chapter that engage in virtual currency\nbusiness activity, and persons regulated under the insurance law will\nnot be assessed for expenses that the superintendent deems to benefit\nsolely persons regulated under the banking law or under this chapter\nthat engage in virtual currency business activity. Persons regulated\nunder this chapter that engage in virtual currency business activity\nwill not be assessed for expenses that the superintendent deems to\nbenefit solely persons regulated under the insurance law or under the\nbanking law.\n (b) For each fiscal year commencing on or after April first, two\nthousand twelve, a partial payment shall be made by each entity subject\nto this section in a sum equal to twen
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