Insurance Taxes, Examination Expenses & Premium Finance Assessments
Maintenance Tax and Assessment Resources
- Summary of Maintenance Tax and Assessment Rates - overview of rates and assessments
Maintenance Taxes
- Link to Commissioner's Order [ PDF ] - Rates of Assessment for Maintenance Taxes
- Texas Comptroller of Public Accounts - www.window.state.tx.us/taxinfo/taxforms/25-forms.html
Examination Expenses
- Link to Commissioner's Order [ PDF ] - Rate of Assessment for Expenses of Examination
- Insurance Companies Examination Expenses
Premium Finance Assessments
- Link to Commissioner's Order [ PDF ] - Rate of Assessment for Insurance Premium Finance Companies
During Calendar Year 2012
On or before April 1, 2012, each insurance premium finance company holding a license issued by the department under the Insurance Code Section 651.006 (A) shall pay an assessment to cover the general administrative expenses attributable to the regulation of insurance premium finance companies. The assessment to cover general administrative expenses shall be computed and paid as follows:
- The amount of the assessment shall be computed as .01011 of 1.0% of the total loan dollar volume of the company for calendar year 2011.
- If the amount of the assessment computed under paragraph (1) is less than $250, the amount of the assessment shall be $250.
The assessment is filed as part of the Annual Operations Report.
For more information contact:
Last updated: 02/02/2012
