Tex. Ins. Code § 252.002 · Chapter 252. FIRE AND ALLIED LINES INSURANCE
MAXIMUM RATE; ANNUAL ADJUSTMENT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The rate of assessment set by the commissioner may not exceed 1.25 percent of the gross premiums subject to taxation under Section 252.003.
(b) The commissioner shall annually adjust the rate of assessment of the maintenance tax so that the tax imposed that year, together with any unexpended funds produced by the tax, produces the amount the commissioner determines is necessary to pay the expenses during the succeeding year of regulating all classes of insurance specified under:
(1) Chapters 1807, 2001-2006, 2171, 6001, 6002, and 6003;
(2) Subchapter C, Chapter 5;
(3) Subchapter H, Chapter 544;
(4) Subchapter D, Chapter 1806;
(5) Section 403.002;
(6) Sections 417.007, 417.008, and 417.009, Government Code; and
(7) Chapter 2154, Occupations Code.
Notes and commentary — not statutory text
History
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 1, eff. April 1, 2005.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 2C.001, eff. April 1, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.252.htm
- Text hash
- sha256 b489c5d53e1f9d5c5bed2b738bdf35175eb3a0504b68b84784f5e1c535b57e62
- 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.
Government Code
- Tex. Gov't Code § 417.007INVESTIGATION OF FIRE.Printed as Sections 417.007, 417.008, and 417.009, Government Code
- Tex. Gov't Code § 417.008RIGHT OF ENTRY; EXAMINATION AND CORRECTION OF DANGEROUS CONDITIONS.Printed as Sections 417.007, 417.008, and 417.009, Government Code
- Tex. Gov't Code § 417.009DELEGATION OF AUTHORITY.Printed as Sections 417.007, 417.008, and 417.009, Government Code
Insurance Code
- Tex. Ins. Code § 252.003PREMIUMS SUBJECT TO TAXATION.Printed as Section 252.003
- Tex. Ins. Code § 403.002DIVIDENDS TO POLICYHOLDERS IN COMMERCIAL LINES.Printed as Section 403.002
- Tex. Ins. Code ch. 544, subch. HWATER DAMAGE CLAIMSPrinted as Subchapter H, Chapter 544
- Tex. Ins. Code ch. 1806, subch. DPROVISIONS APPLICABLE TO FIRE INSURANCE AND ALLIED LINESPrinted as Subchapter D, Chapter 1806
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.