Tex. Ins. Code Section 223A.007
Credit for Fees Paid


(a)

A captive insurance company is entitled to a credit on the amount of tax due under this chapter for all examination and evaluation fees paid to this state during the calendar year for which the tax is due. The limitations provided by Sections 803.007 (Examination Expenses)(1) and (2)(B) for a domestic insurance company apply to a captive insurance company.

(b)

The credit provided by this section is in addition to any other credit authorized by statute.
Added by Acts 2013, 83rd Leg., R.S., Ch. 569 (S.B. 734), Sec. 1, eff. June 14, 2013.

Source: Section 223A.007 — Credit for Fees Paid, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­223A.­htm#223A.­007 (accessed May 18, 2024).

Accessed:
May 18, 2024

§ 223A.007’s source at texas​.gov