Texas Insurance Code - Section 258.004. Revenues Subject To Taxation; Limit
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§ 258.004. REVENUES SUBJECT TO TAXATION; LIMIT. (a) A
health maintenance organization shall pay per capita maintenance
taxes under this chapter on the correctly reported gross revenues
collected from issuing health maintenance certificates or
contracts in this state.
(b) The amount of maintenance tax assessed may not be
computed based on:
(1) enrollees who as individual certificate holders or
their dependents are covered by a master group policy paid for by
revenues received from the United States for insurance contracted
for by the United States in accordance with or in furtherance of
Title XVIII of the Social Security Act (42 U.S.C. Section 1395c et
seq.) and its subsequent amendments; or
(2) revenues paid on group health, accident, and life
certificates or contracts in which the group covered by the
certificate or contract consists of a single nonprofit trust
established to provide coverage primarily for employees of:
(A) a municipality, county, or hospital district
in this state; or
(B) a county or municipal hospital, without
regard to whether the employees are employees of the county or
municipality or of an entity operating the hospital on behalf of the
county or municipality.
Added by Acts 2003, 78th Leg., ch. 1274, § 1, eff. April 1, 2005.
Amended by Acts 2005, 79th Leg., ch. 728, § 11.007(a), eff. Sept.
1, 2005.
Section: 257.001 257.002 257.003 257.004 258.001 258.002 258.003 258.004 258.005 259.001 259.002 259.003 259.004 259.005 260.001
Last modified: August 10, 2007
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