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Texas Statutes (Last Updated: January 4, 2014) |
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INSURANCE CODE |
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Title 3. DEPARTMENT FUNDS, FEES, AND TAXES |
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Subtitle C. INSURANCE MAINTENANCE TAXES |
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Chapter 254. MOTOR VEHICLE INSURANCE |
Sec. 254.004. MAINTENANCE TAX DUE DATES
Latest version.
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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.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 1, eff. April 1, 2005.