Sec. 271.002. MAINTENANCE FEE IMPOSED  


Latest version.
  • (a) A maintenance fee is imposed on all premiums subject to assessment under Section 271.006.

    (b) The maintenance fee is not a tax and shall be reported and paid separately from premium and retaliatory taxes.

Added by Acts 2003, 78th Leg., ch. 1274, Sec. 1, eff. April 1, 2005. Amended by: Acts 2007, 80th Leg., R.S., Ch. 932 , Sec. 15, eff. June 15, 2007.