Tex. Ins. Code Section 1502.053
Exemption from Certain Taxes

(a)

The issuer of a children’s health benefit plan approved under Section 1502.051 (Children’s Health Benefit Plan) is not subject to the premium tax or the tax on revenues imposed under Chapter 222 (Life, Health, and Accident Insurance Premium Tax) with respect to money received for coverage provided under that plan.

(b)

The issuer of a children’s health benefit plan approved under Section 1502.051 (Children’s Health Benefit Plan) is not subject to the retaliatory tax imposed under Chapter 281 (Retaliatory Provisions) with respect to money received for coverage provided under that plan.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 3, eff. April 1, 2005.
Amended by:
Acts 2005, 79th Leg., Ch. 728 (H.B. 2018), Sec. 11.062(a), eff. September 1, 2005.
Acts 2007, 80th Leg., R.S., Ch. 932 (H.B. 3315), Sec. 19, eff. June 15, 2007.

Source: Section 1502.053 — Exemption from Certain Taxes, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­1502.­htm#1502.­053 (accessed Jun. 5, 2024).

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Accessed:
Jun. 5, 2024

§ 1502.053’s source at texas​.gov