Sec. 228.258. IMPACT OF PREMIUM TAX CREDIT ON INSURANCE RATEMAKING. A certified investor is not required to reduce the amount of premium tax included by the investor in connection with ratemaking for an insurance contract written in this state because of a reduction in the investor's Texas premium tax derived from premium tax credits granted under this chapter.
Added by Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 1B.001, eff. April 1, 2009.
Structure Texas Statutes
Title 3 - Department Funds, Fees, and Taxes
Subtitle B - Insurance Premium Taxes
Chapter 228 - Premium Tax Credit for Certain Investments
Subchapter F. Premium Tax Credit
Section 228.251. Premium Tax Credit
Section 228.252. Limit on Premium Tax Credit
Section 228.253. Premium Tax Credit Allocation Claim Required
Section 228.254. Total Limit on Premium Tax Credits
Section 228.255. Allocation of Premium Tax Credit
Section 228.256. Treatment of Credits and Capital
Section 228.257. Transferability of Credit
Section 228.258. Impact of Premium Tax Credit on Insurance Ratemaking