Tex. Lab. Code § 407A.304

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 407A.304 - Premium Tax

(a) Each group shall pay to the comptroller a premium tax on gross premiums for the group's retention. The premium tax assessed under this subsection does not apply to premium collected for excess insurance.

(b) The rate for the premium tax under this section is the rate assessed under Chapter 221, Insurance Code.

Amended By Acts 2005, 79th Leg., Ch. 728, Sec. 11.140, eff. 9/1/2005.