| Issue Date: | 1987-09-01 |
|---|---|
| Revised Date: | 2019-12-02 |
Legal Citations
- Insurance Code sec. 257.002
Object Type
Cash — Insurance
Origin Date
1987 by H.B. 2022, 70th Leg., R.S.
Description
To collect a maintenance tax in an amount not to exceed 0.04% of the correctly reported gross premiums of life, health and accident insurance coverages and the gross considerations for annuity and endowment contracts collected by all authorized insurers writing life, health and accident insurance, annuity or endowment contracts in this state.
Due Date
As determined by the Comptroller.
Collecting Agencies
Deposit Funds
- 0001 – General Revenue Fund
Allocated to GR Account 0036 - Texas Department of Insurance Operating.
Note
Collection changed from Department of Insurance (454) to Comptroller by H.B. 1461, 73rd Leg., R.S.
Legal cite codified by H.B. 2922, 78th Leg. R.S.
USAS Values
| Appropriation Year | 25 |
|---|---|
| USAS Title | INSURANCE MAINTENANCE TAXES |
| Receipt Category | 04 – Insurance |
| Receipt Type | 01 – Taxes |
| Object Group | 30 – Revenues |
| USAS Status | A |
| Rev/Exp Category | 14 – INSURANCE TAXES |