State of Texas – Fiscal Management

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Revenue Object 3203 – Insurance Maintenance Taxes – Texas Insurance Exchange

 

Legal Citations:
Revenue Type: Cash — Insurance
Origin Date: 1987
Issue Date: 1987-09-01
Revised Date: 2019-12-02

Description

The Commissioner shall determine the rate of assessment to be paid on an annual or semi-annual basis and shall collect a maintenance tax in an amount not to exceed 1% of the correctly reported gross premiums paid through the exchange.

Due Date

Annually.

Deposit Funds

Notes

Legal cite codified by H.B. 2922, 78th Leg. R.S.

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



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