Texas Insurance Code

§ 254.004 — MAINTENANCE TAX DUE DATES

IN § 254.004Title 3. DEPARTMENT FUNDS, FEES, SURCHARGES, AND TAXES · Part C. INSURANCE MAINTENANCE TAXES AND SURCHARGES · Ch. 254. MOTOR VEHICLE INSURANCE

Statute text

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(a)The insurer shall pay the maintenance tax annually or semiannually, as determined by the comptroller.

(b)The comptroller may require semiannual or other periodic payment only from an insurer whose maintenance tax liability under this chapter for the previous tax year was at least $2,000.

Legislative history

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