Tex. Ins. Code § 226.054 · Subchapter B. INDEPENDENTLY PROCURED INSURANCE PREMIUM TAX
TAX PAYMENT BY CERTAIN INSUREDS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Except as provided by Section 226.055, the tax imposed by this subchapter is due and payable not later than:
(1) May 15 after the end of the calendar year in which the insurance was procured, continued, or renewed; or
(2) another date prescribed by the comptroller.
(b) An insured who fails to withhold from the premium the amount of tax imposed by this subchapter is liable for the amount of the tax and shall pay the tax due.
(c) The insured shall file a tax report and pay the tax.
(d) The insured may designate another person to file the report and pay the tax.
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.226.htm
- Text hash
- sha256 72ac7e5d4d801753dfeb0ef371b42308c16767b968e7b9595b959c1181e92a16
- 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
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