Texas Insurance Code - Section 255.003. Premiums Subject To Taxation
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§ 255.003. PREMIUMS SUBJECT TO TAXATION. (a) An insurer
shall pay maintenance taxes under this chapter on the correctly
reported gross workers' compensation insurance premiums from
writing workers' compensation insurance in this state, including
the modified annual premium of a policyholder that purchases an
optional deductible plan under Article 5.55C.
(b) The rate of assessment shall be applied to the modified
annual premium before application of a deductible premium credit.
Added by Acts 2003, 78th Leg., ch. 1274, § 1, eff. April 1, 2005.
Section: 253.004 254.001 254.002 254.003 254.004 255.001 255.002 255.003 255.004 256.001 256.002 256.003 256.004 257.001 257.002
Last modified: August 11, 2007
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