Texas Comptroller of Public Accounts
| Legal Citations: |
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| Revenue Type: Cash — Insurance |
| Origin Date: September 1, 2001 by H.B. 2604, 77th Leg., R.S. |
| Issue Date: 2001-09-01 |
| Revised Date: 2013-06-14 |
An assessment is imposed on all insurers in proportion the insurer's net direct premiums bear to the aggregate net direct premiums written in this state. Total amount collected in a fiscal year is the lesser of amounts appropriated in the General Appropriations Act out of GR Account 5064 Volunteer Fire Department Assistance or $30 million.
On or before September 1 of each year.
Codified by H.B. 2017, 79th Leg., R.S. with an expiration date of September 1, 2011.
Cap increased from $15 to $30 million and expiration date removed by H.B. 3315, 80th Leg., R.S.
Cap changed by H.B. 7, 83rd Leg., R.S.
| Appropriation Year | 26 |
|---|---|
| USAS Title | INSURANCE ASSESSMENT |
| Receipt Category | 04 – Insurance |
| Receipt Type | 10 – Business/Professional Fees |
| Object Group | 30 – Revenues |
| USAS Status | A |
| Rev/Exp Category | 01 – LICENSES, FEES, FINES, AND PENALTIES |