Tex. Ins. Code § 221.001 · Chapter 221. PROPERTY AND CASUALTY INSURANCE PREMIUM TAX
APPLICABILITY OF CHAPTER.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) This chapter applies to an insurer, organization, or concern that receives gross premiums subject to taxation under Section 221.002, including a reciprocal or interinsurance exchange that elects to be subject to taxation under this chapter in accordance with Section 224.003 and a Lloyd's plan.
(b) This chapter does not apply to:
(1) a fraternal benefit society, including a fraternal benefit society operating under Chapter 885;
(2) a group hospital service corporation operating under Chapter 842;
(3) a stipulated premium company operating under Chapter 884;
(4) a mutual assessment association, company, or corporation regulated under Chapter 887;
(5) a purely cooperative or mutual fire insurance company carried on by its members solely for the protection of their own property and not for profit, except as provided by Section 221.002(b)(13);
(6) a farm mutual insurance company operating under Chapter 911, unless the company is acting as a fronting insurer;
(7) the Texas Windstorm Insurance Association; or
(8) the Texas FAIR Plan Association.
(c) In this section, "fronting insurer" means a farm mutual insurance company:
(1) issuing an insurance policy that is the result of:
(A) marketing by an insurer not affiliated with the farm mutual insurance company;
(B) an application submitted by a consumer to an insurer not affiliated with the farm mutual insurance company; or
(C) an agreement with an insurer that is not a farm mutual insurance company solely for the purpose of being regulated under Chapter 911; or
(2) that cedes 85 percent or more of the farm mutual insurance company's direct written premium to one or more nonaffiliated reinsurers.
Notes and commentary — not statutory text
History
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 1, eff. April 1, 2005.
Amended by:
Acts 2017, 85th Leg., R.S., Ch. 1083 (H.B. 3496), Sec. 1, eff. September 1, 2017.
Acts 2025, 89th Leg., R.S., Ch. 691 (H.B. 2517), Sec. 1, eff. September 1, 2025.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.221.htm
- Text hash
- sha256 fd92291fe06b34c88f1a377e74bc02ef98a61f725699cae03ad2defdf50eb6e1
- 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 § 221.002TAX IMPOSED; RATE.Printed as Section 221.002 | Section 221.002(b)(13)
- Tex. Ins. Code § 224.003TAXATION ELECTION.Printed as Section 224.003
- Tex. Ins. Code ch. 842GROUP HOSPITAL SERVICE CORPORATIONSPrinted as Chapter 842
- Tex. Ins. Code ch. 884STIPULATED PREMIUM INSURANCE COMPANIESPrinted as Chapter 884
- Tex. Ins. Code ch. 885FRATERNAL BENEFIT SOCIETIESPrinted as Chapter 885
- Tex. Ins. Code ch. 887PROVISIONS APPLICABLE TO CERTAIN MUTUAL ASSESSMENT COMPANIESPrinted as Chapter 887
- Tex. Ins. Code ch. 911FARM MUTUAL INSURANCE COMPANIESPrinted as Chapter 911
Cited by 4 provisions
Provisions in this library whose text cites Tex. Ins. Code § 221.001. Each shows the citation as that text prints it.
Insurance Code
- Tex. Ins. Code § 252.005EXCEPTION.Printed as Section 221.001(c)
- Tex. Ins. Code § 2210.006APPLICABILITY OF CHAPTER TO CERTAIN INSURERS.Printed as Section 221.001(c)
- Tex. Ins. Code § 2210.642APPLICABILITY OF SUBCHAPTER.Printed as Section 221.001(c)
- Tex. Ins. Code § 2210.6425CONSTRUCTION OF SUBCHAPTER.Printed as Section 221.001(c)
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.