Tax Payment; Due Date

Sec. 226.005. TAX PAYMENT; DUE DATE. (a) The tax imposed by this subchapter is due and payable not later than: (1) March 1 after the end of the calendar year in which the insurance was effectuated, continued, or renewed; or (2) another date prescribed by the comptroller. (b) An insurer shall pay the tax imposed by this subchapter using a form prescribed by the comptroller. (c) The tax imposed by this subchapter, if not paid when due, is a liability of the insurer, the insurer agent, and the insured. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 1, eff. April 1, 2005. Amended by: Acts 2005, 79th Leg., Ch. 728 (H.B. 2018), Sec. 11.005(d), eff. September 1, 2005.