Tex. Lab. Code § 407A.304 · Subchapter G. TAXES, SURCHARGES, AND ASSESSMENTS
PREMIUM TAX.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Each group shall pay to the comptroller a premium tax on gross premiums for the group's retention. The premium tax assessed under this subsection does not apply to premium collected for excess insurance.
(b) The rate for the premium tax under this section is the rate assessed under Chapter 221, Insurance Code.
Notes and commentary — not statutory text
History
Added by Acts 2003, 78th Leg., ch. 275, Sec. 1, eff. Sept. 1, 2003.
Amended by:
Acts 2005, 79th Leg., Ch. 728 (H.B. 2018), Sec. 11.140, 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/LA/htm/LA.407A.htm
- Text hash
- sha256 19d9466eb5e9fd381bf0736f3fa60e575e676a6a6e78d5caf27fdbc3cf15117c
- 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
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