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: 2026-01-08

Legal Citations

  • Insurance Code sec. 255.002

Object Type

Cash — Insurance

Origin Date

1937 by the 45th Leg.

Description

Annual tax not to exceed 0.6% of correctly reported gross premiums from issue of Workers' Compensation Insurance. Used by the Department of Insurance for activities related to regulating insurance companies that provide workers' compensation insurance.

Due Date

As determined by the Comptroller. May be collected on annual or semi-annual basis if liability for previous tax year was $2,000 or more.

Deposit Funds

Note

Collection amended by H.B. 1554, 68th Leg., R.S.

S.B. 928, 68th Leg., R.S. changed deposit from Compensation Insurance Division Fund 0014 to General Revenue.

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.

S.B. 1455, 89th Leg., R.S. changed this from a tax to a surcharge, beginning January 1, 2026. Collection moved to revenue object 3219 Insurance Surcharge - Workers' Compensation Division and Office of Injured Employee Counsel.

USAS Values

Appropriation Year 26
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