Texas Labor Code - Section 403.003. Rate Of Assessment
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§ 403.003. RATE OF ASSESSMENT. (a) The commissioner of
insurance shall set and certify to the comptroller the rate of
maintenance tax assessment taking into account:
(1) any expenditure projected as necessary for the
division and the office of injured employee counsel to:
(A) administer this subtitle during the fiscal
year for which the rate of assessment is set; and
(B) reimburse the general revenue fund as
provided by Section 201.052, Insurance Code;
(2) projected employee benefits paid from general
revenues;
(3) a surplus or deficit produced by the tax in the
preceding year;
(4) revenue recovered from other sources, including
reappropriated receipts, grants, payments, fees, gifts, and
penalties recovered under this subtitle; and
(5) expenditures projected as necessary to support the
prosecution of workers' compensation insurance fraud.
(b) In setting the rate of assessment, the commissioner of
insurance may not consider revenue or expenditures related to:
(1) the State Office of Risk Management;
(2) the workers' compensation research functions of
the department under Chapter 405; or
(3) any other revenue or expenditure excluded from
consideration by law.
Acts 1993, 73rd Leg., ch. 269, § 1, eff. Sept. 1, 1993. Amended
by Acts 1995, 74th Leg., ch. 76, § 9.45(a), eff. Sept. 1, 1995;
Acts 1997, 75th Leg., ch. 1098, § 8, eff. Sept. 1, 1997; Acts
1997, 75th Leg., ch. 1443, § 4, eff. Sept. 1, 1997; Acts 2005,
79th Leg., ch. 265, § 3.011, eff. Sept. 1, 2005; Acts 2005, 79th
Leg., ch. 728, § 11.135, eff. Sept. 1, 2005.
Section: 402.089 402.090 402.091 402.092 402.251 403.001 403.002 403.003 403.004 403.005 403.006 403.007 404.001 404.002 404.003
Last modified: August 10, 2007
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