Tex. Ins. Code § 255.002 · Chapter 255. WORKERS' COMPENSATION INSURANCE
MAXIMUM RATE; ANNUAL ADJUSTMENT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The sum of the rates of assessment for the surcharge imposed by this chapter and the surcharges imposed by Chapters 403 and 405, Labor Code, set by the commissioner, may not exceed 2.7 percent of the gross premiums subject to surcharges.
(b) The commissioner shall annually adjust the rate of assessment of the surcharge so that the surcharge imposed that year, together with any unexpended funds produced by the surcharge, produces the amount the commissioner determines is necessary to pay the expenses during the succeeding year of regulating workers' compensation insurance.
Notes and commentary — not statutory text
History
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 1, eff. April 1, 2005.
Amended by:
Acts 2025, 89th Leg., R.S., Ch. 358 (S.B. 1455), Sec. 10, eff. January 1, 2026.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.255.htm
- Text hash
- sha256 e5ae85ea18cc29a97485f93b70c131e3f00c0b6ef29f13f290cd26891b24eaeb
- 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
Cited by 4 provisions
Provisions in this library whose text cites Tex. Ins. Code § 255.002. Each shows the citation as that text prints it.
Labor Code
- Tex. Lab. Code § 403.002SURCHARGES.Printed as Section 255.002(a), Insurance Code
- Tex. Lab. Code § 405.003FUNDING; SURCHARGE AND RECOVERY OF SURCHARGE BY INSURERS.Printed as Section 255.002(a), Insurance Code
- Tex. Lab. Code § 407.103SELF-INSURER SURCHARGE; EFFECT ON GENERAL SURCHARGE.Printed as Section 255.002(a), Insurance Code
- Tex. Lab. Code § 407A.301SURCHARGE FOR DIVISION AND RESEARCH FUNCTIONS OF DEPARTMENT.Printed as Section 255.002(a), Insurance Code
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.