This revenue object is inactive. Please see the notes section for further information regarding the inactive status. Recently inactivated objects may remain active in USAS for a period of time to complete outstanding transactions or for other accounting purposes.

Issue Date:
Revised Date:

Legal Citations

Object Type

Cash — Insurance

Origin Date

Description

Due Date

Collecting Agencies

Deposit Funds

Note

Labor Code §§ 403.002, 404.003 added in 1957 by the 55th Leg. Maintenance taxes were paid by all insurance carriers except governmental entities as follows: A tax of up to 2% of correctly reported Workers' Compensation Insurance premiums were assessed to pay costs of administration, for use by the Texas Workers' Compensation Commission and a tax of up to 1/10 of 1% of correctly reported Workers' Compensation Insurance premiums was assessed to fund the Research & Oversight Council on Workers' Compensation. Amended by Acts 1989, 71st Leg., 2nd. C.S.; H.B. 1461 and H.B. 752, 73rd Leg., R.S. The taxes were assigned separate new revenue codes effective or fiscal year 1996. See now Revenue Codes 3219 and 3220. This code was inactivated as of September 1, 1995.

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