Tex. Ins. Code Section 255.001
Maintenance Tax Imposed


(a)

A maintenance tax is imposed on each authorized insurer with gross premiums subject to taxation under Section 255.003 (Premiums Subject to Taxation), including a:

(1)

stock insurance company;

(2)

mutual insurance company;

(3)

reciprocal or interinsurance exchange; and

(4)

Lloyd’s plan.

(b)

The tax required by this chapter is in addition to other taxes imposed that are not in conflict with this chapter.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 1, eff. April 1, 2005.

Source: Section 255.001 — Maintenance Tax Imposed, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­255.­htm#255.­001 (accessed May 11, 2024).

Accessed:
May 11, 2024

§ 255.001’s source at texas​.gov