Insurance Taxes, Examination Expenses & Premium Finance Assessments - 2007

Taxes - Forms/Rates/Instructions

• 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 2007
On or before April 1, 2007, each insurance premium finance company holding a license issued by the department under the Insurance Code, Chapter 24, 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:

1. The amount of the assessment shall be computed as .00561 of 1.0% of the total loan dollar volume of the company for calendar year 2006.
2. 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.

• Link to Annual Operations Report for Premium Finance Companies [Word]
• Memo on Annual Operations Report for Premium Finance Companies [Word]
• Memo to Licensed Insurance Premium Finance Companies
  Concerning Filing of Annual Operations Report & Assessment Fee

For more information contact: