Tex. Ins. Code § 222.003 · Chapter 222. LIFE, HEALTH, AND ACCIDENT INSURANCE PREMIUM TAX
TAX RATES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Except as provided by Subsection (b), the rate of the tax imposed by this chapter on an insurer is 1.75 percent of the insurer's taxable gross premiums received during a calendar year.
(b) The rate of the tax imposed by this chapter on an insurer that receives taxable gross premiums from the business of life insurance is:
(1) 0.875 percent of the first $450,000 of taxable gross premiums received during a calendar year from the business of life insurance; and
(2) 1.75 percent of the remaining taxable gross premiums received during that calendar year from the business of life insurance.
(c) The rate of the tax imposed by this chapter on a health maintenance organization is:
(1) 0.875 percent of the first $450,000 of taxable gross revenues received during a calendar year for the issuance of health maintenance certificates or contracts; and
(2) 1.75 percent of the remaining taxable gross revenues received during that calendar year for the issuance of health maintenance certificates or contracts.
Notes and commentary — not statutory text
History
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 1, eff. April 1, 2005.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.222.htm
- Text hash
- sha256 6091cfc7bc8dffcd5f7f268c7b843401bad9361c3a06c2cfc390a2d9496d2a8e
- 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
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.