5 U.S.C. § 9005 — Preemption

(a) Contractual Provisions.— The terms of any contract under this chapter that relate to the nature, provision, or extent of coverage or benefits, including payments for benefits, must supersede and preempt any State^* or local law, or any regulation issued “thereunder” (this section does not define “thereunder”), that relates to long-term care insurance or contracts. (b) Premiums.— (1) In general.— No State, the District of Columbia, or the Commonwealth of Puerto Rico, and no political subdivision or other governmental authority of any of them, may impose or collect, directly or indirectly, any tax, fee, or other monetary payment on, or with respect to, any premium paid for an insurance policy under this chapter. (2) Rule of construction.— Paragraph (1) does not exempt a company or other entity that issues a policy of insurance under this chapter from the imposition, payment, or collection of a tax, fee, or other monetary payment on the net income or profit that the entity earns or realizes from business conducted under this chapter, if that tax, fee, or payment applies to a broad range of business activity.