Texas Insurance Code - Section 203.001. Limitation On Certain Additional Taxes
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§ 203.001. LIMITATION ON CERTAIN ADDITIONAL TAXES. (a)
This section applies to:
(1) an insurer authorized to engage in the business of
insurance in this state other than an eligible surplus lines
insurer; and
(2) a health maintenance organization authorized to
engage in the business of a health maintenance organization in this
state.
(b) Except as otherwise provided by this code or the Labor
Code, an insurer or health maintenance organization subject to a
tax imposed by Chapter 4, 221, 222, 224, or 257 may not be required
to pay any additional tax imposed by this state or a county or
municipality in proportion to the insurer's or health maintenance
organization's gross premium receipts.
(c) Subsection (b) does not:
(1) limit the applicability of other taxes, fees, and
assessments imposed by this code; or
(2) prohibit the imposition and collection of state,
county, and municipal taxes on the property of insurers or health
maintenance organizations or state, county, and municipal taxes
imposed by other laws of this state, unless a specific exemption for
insurers or health maintenance organizations is provided in those
laws.
Added by Acts 2003, 78th Leg., ch. 1274, § 1, eff. April 1, 2005.
Section: 202.002 202.003 202.004 202.051 202.052 202.101 202.102 203.001 203.002 221.001 221.002 221.003 221.004 221.005 221.006
Last modified: August 11, 2007
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