Tex. Ins. Code § 223A.007 · Chapter 223A. CAPTIVE INSURANCE PREMIUM TAX
CREDIT FOR FEES PAID.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A captive insurance company is entitled to a credit on the amount of tax due under this chapter for all examination and evaluation fees paid to this state during the calendar year for which the tax is due. The limitations provided by Sections 803.007(1) and (2)(B) for a domestic insurance company apply to a captive insurance company.
(b) The credit provided by this section is in addition to any other credit authorized by statute.
Notes and commentary — not statutory text
History
Added by Acts 2013, 83rd Leg., R.S., Ch. 569 (S.B. 734), Sec. 1, eff. June 14, 2013.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.223A.htm
- Text hash
- sha256 01e0c2ef8432e42d5c659ef3d3541f02d39bbb3c3cada8c6bf78feb9fd1b6f00
- 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
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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.