Sec. 843.409. EXAMINATION EXPENSES  


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  • (a) A credit against the amount of premium taxes to be paid by a health maintenance organization in a taxable year may not be allowed on:

    (1) an examination fee or expense paid to another state; or

    (2) an examination expense:

    (A) directly attributable to an examination of the books, records, accounts, or principal offices of a health maintenance organization located outside this state; or

    (B) paid in a different taxable year.

    (b) The limitations provided by Subsections (a)(1) and (a)(2)(B) apply to foreign health maintenance organizations.

Added by Acts 2003, 78th Leg., ch. 209, Sec. 9A, eff. Jan. 1, 2004; Acts 2003, 78th Leg., ch. 1276, Sec. 10A.207, eff. Sept. 1, 2003.