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.
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Legal Citations
Object Type
Cash — Insurance
Origin Date
Description
Due Date
Collecting Agencies
Deposit Funds
Note
TEX. INS. CODE ANN. § 4.11A added 1987 by H.B. 61, 70th Leg., 2nd C.S. Annual tax equal to 2.5% of gross amount of administrative or service fees received by each insurance carrier or person required to be licensed under chapters 2, 3, 8, 11, 13, 14, 15, 16, 17, 18, 19, 20 or 22. Tax thrown out by state/federal courts and is no longer applicable.
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