Tex. Ins. Code § 2204.101 · Subchapter C. FINANCES
TAXES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Except as provided by this section and Chapters 251 and 261, the exchange is not subject to state or local taxes that are measured by income, premiums, or gross receipts.
(b) A direct premium written, procured, or received by a member through the exchange on a risk located in this state is:
(1) considered written, procured, or received by the exchange; and
(2) subject to the premium taxes imposed under Subtitle B, Title 3.
(c) Premium taxes shall be reported, paid, and administered as provided by Subtitle B, Title 3.
(d) The exchange and the members are considered insurers for purposes of:
(1) Sections 201.052, 201.053, and 201.054;
(2) Chapters 4, 202, 203, 221, 222, 224, 227, 228, 251, 257, and 1109; and
(3) Section 171.0525, Tax Code.
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 2H.007, eff. April 1, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2204.htm
- Text hash
- sha256 c7cf80f96d038a58e3351de0a02831a0d2a2f48d49d68f8a1b18ee90e0f37504
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Insurance Code
- Tex. Ins. Code § 201.052REIMBURSEMENT.Printed as Sections 201.052, 201.053, and 201.054
- Tex. Ins. Code § 201.053COOPERATION BETWEEN DEPARTMENT AND COMPTROLLER.Printed as Sections 201.052, 201.053, and 201.054
- Tex. Ins. Code § 201.054INFORMATION SHARING; FEDERAL IDENTIFICATION NUMBERS.Printed as Sections 201.052, 201.053, and 201.054
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.