{"data":{"id":"us-tx/tex.-insurance-code-223.005","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 223.005","heading":"PREMIUMS PAID TO TITLE INSURANCE AGENT.","body":"(a) Premiums received from the business of title insurance are subject to the tax under this chapter regardless of whether paid to a title insurance company or retained by a title insurance agent, with the tax being in lieu of the tax on the premiums retained by a title insurance agent.\n(b) The state facilitates the collection of the premium tax on the premiums retained by a title insurance agent by establishing the division of the premiums between the title insurance company and title insurance agent so that the company receives the premium tax due on the agent's portion of the premiums and remits it to the state.\nAdded by Acts 2003, 78th Leg., ch. 1274, Sec. 1, eff. April 1, 2005.","path":["INSURANCE CODE","TITLE 3. DEPARTMENT FUNDS, FEES, SURCHARGES, AND TAXES","SUBTITLE B. INSURANCE PREMIUM TAXES","CHAPTER 223. TITLE INSURANCE PREMIUM TAX"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.223.htm#223.005","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"673ec49ed6e01d4316649b541587de5cbe5ec274f180c1c526fca1dce6e9ab13","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-223.004","next":"us-tx/tex.-insurance-code-223.006"},"notice":"GroundRules: Original legal text. Not legal advice."}