Tex. Ins. Code § 257.003 · Chapter 257. LIFE, HEALTH, AND ACCIDENT INSURANCE
PREMIUMS AND CONSIDERATIONS SUBJECT TO TAXATION; LIMIT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) An insurer shall pay maintenance taxes under this chapter on the correctly reported:
(1) gross premiums collected from writing life, health, and accident insurance in this state, except as provided in Subsection (b); and
(2) gross considerations collected from writing annuity or endowment contracts in this state.
(b) The gross premiums on which an assessment is based under this chapter may not include:
(1) premiums received from the United States for insurance contracted for by the United States in accordance with or in furtherance of Title XVIII of the Social Security Act (42 U.S.C. Section 1395c et seq.) and its subsequent amendments; or
(2) premiums paid on group health, accident, and life policies in which the group covered by the policy consists of a single nonprofit trust established to provide coverage primarily for employees of:
(A) a municipality, county, or hospital district in this state; or
(B) a county or municipal hospital, without regard to whether the employees are employees of the county or municipality or of an entity operating the hospital on behalf of the county or municipality.
Notes and commentary — not statutory text
History
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 1, eff. April 1, 2005.
Amended by:
Acts 2005, 79th Leg., Ch. 728 (H.B. 2018), Sec. 11.006(a), eff. September 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.257.htm
- Text hash
- sha256 7d8a4781bf7d69a420fd83733db839b2d01a0cd81554830496863dc5b0ee272f
- 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 2 provisions
Provisions in this library whose text cites Tex. Ins. Code § 257.003. Each shows the citation as that text prints it.
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.