Tex. Ins. Code Section 233.0052
Length of Credit; Limitations

(a)

The entity shall claim the credit in the manner provided by Section 171.556 (Length of Credit; Limitation), Tax Code.

(b)

The total credit claimed under this chapter for a report, including any carry forward or backward described by Subsection (c), may not exceed the amount of the entity’s state premium tax liability due for the report after any other applicable credit.

(c)

The entity may carry a surplus credit forward or backward as provided by Section 171.557 (Carry Forward or Backward), Tax Code.
Added by Acts 2023, 88th Leg., R.S., Ch. 811 (H.B. 1058), Sec. 2, eff. January 1, 2024.

Source: Section 233.0052 — Length of Credit; Limitations, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­233.­htm#233.­0052 (accessed May 25, 2024).

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Accessed:
May 25, 2024

§ 233.0052’s source at texas​.gov