Texas Comptroller of Public Accounts
| Legal Citations: |
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| Revenue Type: Cash — Insurance |
| Origin Date: 1927 by the 40th Leg. |
| Issue Date: |
| Revised Date: 2019-12-02 |
An annual tax not to exceed 0.02% of the correctly reported gross premiums of all authorized insurers writing motor vehicle insurance in this state.
As determined by the Comptroller. May be collected on an annual or semi-annual basis if liability for previous tax year was $2,000 or more.
Allocated to GR Account 0036 - Texas Department of Insurance Operating.
Collection amended by H.B. 1554, 68th Leg., R.S.
S.B. 928, 68th Leg., R.S. changed deposit from Motor Vehicle Insurance Division Fund 0010 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.
| 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 |