Tex. Insurance Code § 222.003
This is the official text of Tex. Insurance Code § 222.003, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
§ 222.003. TAX RATES.
Official statutory text
(a) Except as provided by Subsection (b), the rate of the tax imposed by this chapter on an insurer is 1.75 percent of the insurer's taxable gross premiums received during a calendar year.
(b) The rate of the tax imposed by this chapter on an insurer that receives taxable gross premiums from the business of life insurance is:
(1) 0.875 percent of the first $450,000 of taxable gross premiums received during a calendar year from the business of life insurance; and
(2) 1.75 percent of the remaining taxable gross premiums received during that calendar year from the business of life insurance.
(c) The rate of the tax imposed by this chapter on a health maintenance organization is:
(1) 0.875 percent of the first $450,000 of taxable gross revenues received during a calendar year for the issuance of health maintenance certificates or contracts; and
(2) 1.75 percent of the remaining taxable gross revenues received during that calendar year for the issuance of health maintenance certificates or contracts.
(b) The rate of the tax imposed by this chapter on an insurer that receives taxable gross premiums from the business of life insurance is:
(1) 0.875 percent of the first $450,000 of taxable gross premiums received during a calendar year from the business of life insurance; and
(2) 1.75 percent of the remaining taxable gross premiums received during that calendar year from the business of life insurance.
(c) The rate of the tax imposed by this chapter on a health maintenance organization is:
(1) 0.875 percent of the first $450,000 of taxable gross revenues received during a calendar year for the issuance of health maintenance certificates or contracts; and
(2) 1.75 percent of the remaining taxable gross revenues received during that calendar year for the issuance of health maintenance certificates or contracts.
Status: in_force · Read it on the official government site
Need a lawyer in Texas?
Find a Texas lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.