Tex. Ins. Code § 233.0052 · Subchapter B. CREDIT
LENGTH OF CREDIT; LIMITATIONS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The entity shall claim the credit in the manner provided by Section 171.556, Tax Code.
(b) The total credit claimed under this chapter for a report, including any carry forward or backward described by Subsection (c), may not exceed the amount of the entity's state premium tax liability due for the report after any other applicable credit.
(c) The entity may carry a surplus credit forward or backward as provided by Section 171.557, Tax Code.
Notes and commentary — not statutory text
History
Added by Acts 2023, 88th Leg., R.S., Ch. 811 (H.B. 1058), Sec. 2, eff. January 1, 2024.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.233.htm
- Text hash
- sha256 3f83794273fe8f633c362e0540480572ffb706450e8fd5fe1234fe85cc43aded
- 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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