Texas Insurance Code - Section 281.005. Exclusion Of Certain Taxes Or Charges
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§ 281.005. EXCLUSION OF CERTAIN TAXES OR CHARGES. In
determining an insurer's taxes or other charges under this
subchapter, the comptroller may not consider:
(1) an ad valorem tax on property;
(2) a personal income tax;
(3) a sales tax;
(4) a surcharge that an insurer may recover directly
from policyholders; or
(5) an assessment for a special purpose, such as an
assessment for a guaranty association, high risk health pool, joint
underwriting association, or windstorm association, under the law
of this or another state.
Added by Acts 2003, 78th Leg., ch. 1274, § 1, eff. April 1, 2005.
Section: 271.010 271.011 271.012 281.001 281.002 281.003 281.004 281.005 281.006 281.007 281.051 281.052 401.001 401.002 401.003
Last modified: August 11, 2007
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