SECTION 1. Section 168 of Chapter 175 of the General Laws, as appearing in the 2014 Official Edition, is hereby amended by striking out section (d) in its entirety and inserting in place thereof the following section:-

(d) Each person so licensed shall keep a separate account of the business done under the license, a certified copy of which account he shall forthwith file with the commissioner, showing the exact amount of such insurance placed for each person whose home state is the commonwealth, the gross premium charged thereon, the companies in which the same is placed, the date of the policies and the term thereof, and a report in the same detail of all such policies cancelled, with the gross return premiums thereon. Each person so licensed shall file a sworn statement with the state treasurer every January providing the gross premiums charged for insurance procured or placed and the gross return premiums on such insurance cancelled under such license during the year ending on December 31 last preceding. At the time of filing such statement, each person licensed as a special insurance broker shall pay to the commonwealth a fee, less such return premiums so reported, in an amount equal to 4 per cent of such gross premiums on properties, risks or exposures located or to be performed in the commonwealth or any other state if the insureds home state is the commonwealth.