Tex. Ins. Code § 255.001

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

Tex. Ins. Code § 255.001

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 1, eff. 4/1/2005.