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Texas Labor Code

§ 403.003 — RATE OF SURCHARGE

LA § 403.003Title 5. WORKERS' COMPENSATION · Part A. TEXAS WORKERS' COMPENSATION ACT · Ch. 403. DIVISION FINANCING

Statute text

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(a)The commissioner of insurance shall set and certify to the comptroller the rate of the surcharge, taking into account:
(1)any expenditure projected as necessary for the division and the office of injured employee counsel to:
(A)administer this subtitle during the fiscal year for which the rate of assessment is set; and
(B)reimburse the general revenue fund as provided by Section 201.052, Insurance Code;
(2)projected employee benefits paid from general revenues;
(3)a surplus or deficit produced by the surcharge in the preceding year;

Legislative history

Acts 2005, 79th Leg., Ch. 265 (H.B. 7), Sec. 3.011, eff. September 1, 2005. Acts 2025, 89th Leg., R.S., Ch. 358 (S.B. 1455), Sec. 16, eff. January 1, 2026. Acts 2025, 89th Leg., R.S., Ch. 358 (S.B. 1455), Sec. 17, eff. January 1, 2026.