| Issue Date: | 2001-09-01 |
|---|---|
| Revised Date: | 2013-06-14 |
Legal Citations
- Insurance Code sec. 2007.002, sec. 2007.003
Object Type
Cash — Insurance
Origin Date
September 1, 2001 by H.B. 2604, 77th Leg., R.S.
Description
An assessment is imposed on all insurers in proportion the insurer's net direct premiums bear to the aggregate net direct premiums written in this state. Total amount collected in a fiscal year is the lesser of amounts appropriated in the General Appropriations Act out of GR Account 5064 Volunteer Fire Department Assistance or $30 million.
Due Date
On or before September 1 of each year.
Collecting Agencies
Deposit Funds
Note
Codified by H.B. 2017, 79th Leg., R.S. with an expiration date of September 1, 2011.
Cap increased from $15 to $30 million and expiration date removed by H.B. 3315, 80th Leg., R.S.
Cap changed by H.B. 7, 83rd Leg., R.S.
USAS Values
| Appropriation Year | 25 |
|---|---|
| USAS Title | INS ASSESSMENT - VOLUNTEER FIRE DEPTS |
| Receipt Category | 04 – Insurance |
| Receipt Type | 10 – Business/Professional Fees |
| Object Group | 30 – Revenues |
| USAS Status | A |
| Rev/Exp Category | 01 – LICENSES, FEES, FINES, AND PENALTIES |