(1) In addition to the premium taxes levied by § 56-4-205, all companies writing fire insurance and lines of business having fire coverages as a part of the risk rate shall pay three fourths of one percent (0.75%) on that portion of the premium applicable to the fire risk for the purpose of executing the fire marshal law.
(2) For the purpose of subsection (a), the following portions of the amounts required to be reported by line of business in the annual statement required by § 56-1-501 shall be considered premiums for insurance covering the peril of fire: Fire lines, one hundred percent (100%);
(3) Farmowners and homeowners multiple peril, fifty-five percent (55%);
(4) Commercial multiple peril, fifty percent (50%);
(5) Inland marine, twenty percent (20%);
(6) Automobile physical damage, eight percent (8%); and
(7) Aircraft physical damage, eight percent (8%).
(8) This tax shall be paid at the same time and in the same manner as the tax levied upon insurance companies by § 56-4-205.