{"data":{"id":"us-tx/tex.-insurance-code-228.252","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 228.252","heading":"LIMIT ON PREMIUM TAX CREDIT.","body":"(a) The credit to be applied against state premium tax liability of a certified investor in any one year may not exceed the state premium tax liability of the investor for the taxable year.\n(b) A certified investor may carry forward any unused credit against state premium tax liability indefinitely until the premium tax credits are used.\nAdded by Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 1B.001, eff. April 1, 2009.","path":["INSURANCE CODE","TITLE 3. DEPARTMENT FUNDS, FEES, SURCHARGES, AND TAXES","SUBTITLE B. INSURANCE PREMIUM TAXES","CHAPTER 228. PREMIUM TAX CREDIT FOR CERTAIN INVESTMENTS","SUBCHAPTER F. PREMIUM TAX CREDIT"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.228.htm#228.252","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"0eeedcb8d442d6a9ceeb4784645e961127a517fecd592c72c603f16f470c6182","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-228.251","next":"us-tx/tex.-insurance-code-228.253"},"notice":"GroundRules: Original legal text. Not legal advice."}