{"data":{"id":"us-tx/tex.-insurance-code-251.004","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 251.004","heading":"DEPOSIT OF MAINTENANCE TAXES AND SURCHARGES.","body":"(a) Except as provided by Subsection (b), maintenance taxes collected under this subtitle and surcharges collected under Chapter 255 shall be deposited in the general revenue fund and reallocated to the Texas Department of Insurance operating account.\n(b) Each state fiscal year, the comptroller shall reallocate to the floodplain management account established under Section 16.453, Water Code, the first $3.05 million of the maintenance taxes collected under Chapter 252 and deposited in the general revenue fund.\nAdded by Acts 2003, 78th Leg., ch. 1274, Sec. 1, eff. April 1, 2005.\nAmended by:\nActs 2007, 80th Leg., R.S., Ch. 1323 (S.B. 1436), Sec. 1, eff. September 1, 2007.\nActs 2019, 86th Leg., R.S., Ch. 947 (S.B. 7), Sec. 3.02, eff. June 13, 2019.\nActs 2025, 89th Leg., R.S., Ch. 358 (S.B. 1455), Sec. 8, eff. January 1, 2026.\nActs 2025, 89th Leg., R.S., Ch. 358 (S.B. 1455), Sec. 9, eff. January 1, 2026.","path":["INSURANCE CODE","TITLE 3. DEPARTMENT FUNDS, FEES, SURCHARGES, AND TAXES","SUBTITLE C. INSURANCE MAINTENANCE TAXES AND SURCHARGES","CHAPTER 251. GENERAL PROVISIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.251.htm#251.004","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"4ba7bebd557d91216ea724aaeee0a004a1f86ea9c2d197ad8e73675c706387e8","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-251.003","next":"us-tx/tex.-insurance-code-252.001"},"notice":"GroundRules: Original legal text. Not legal advice."}
