Texas Comptroller of Public Accounts
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.
| Legal Citations: |
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| Revenue Type: Cash — Business Regulation |
| Origin Date: 2003 by S.B. 597, 78th Leg., R.S. |
| Issue Date: 2009-09-01 |
| Revised Date: 2019-09-01 |
A person may not operate as a company or sales representative of legal service contracts sold in this state for process unless registered with this department. A tiered fee schedule shall be developed of annual registration fees based on the number of legal service contracts sold during the preceding 12-month period set in amounts to cover administration. In addition, each company shall pay an annual fee equal to the difference between 1.7% of the amount a company collects for contracts sold in the current year and the amount the company paid in state franchise taxes during the same year.
New license status of inactive, temporary and emergency, fees set by the department.
As set by the department
For-profit prepaid legal services program moved from Department of Insurance to Department of Licensing and Regulation per S.B. 597, 78th Leg., R.S. under Insurance Code sec. 953.053. H.B. 3507, 78th Leg., R.S. repealed previous authorization under sec. 961.353. Previously collected under Revenue Object 3206 – Insurance Company Fees.
License status added by H.B. 2310, 81st Leg., R.S.
Repealed by S.B. 2065 and H.B. 2113, 85th Leg., R.S. effective 09/01/2019.
| Appropriation Year | 26 |
|---|---|
| USAS Title | PROFESSIONAL FEES |
| Receipt Category | 03 – Business Regulation |
| Receipt Type | 10 – Business/Professional Fees |
| Object Group | 30 – Revenues |
| USAS Status | A |
| Rev/Exp Category | 01 – LICENSES, FEES, FINES, AND PENALTIES |