Texas § IN.1501.321 - LIMITS ON ASSESSMENTS
Full text of Texas The Texas Constitution § IN.1501.321 — LIMITS ON ASSESSMENTS, with citation guidance and answers to common questions.
§ IN.1501.321. LIMITS ON ASSESSMENTS
LIMITS ON ASSESSMENTS. (a) The formula established under Section 1501.320 (b) may not result in an assessment for a reinsured health benefit plan issuer that is less than 50 percent or more than 150 percent of an amount based on the proportion of the total premiums earned in the preceding calendar year from small employer health benefit plans delivered or issued for delivery to small employer groups in this state by that issuer to the total premiums earned in the preceding calendar year from small employer health benefit plans delivered or issued for delivery to small employer groups in this state by all reinsured health benefit plan issuers. (b) In determining assessments, the board may not consider premiums earned by a reinsured health benefit plan issuer that are less than an amount determined by the board to justify the cost of collecting an assessment based on those premiums. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 3, eff. April 1, 2005.
Frequently Asked Questions About Texas § IN.1501.321
What does The Texas Constitution § IN.1501.321 cover?
Section IN.1501.321 ("LIMITS ON ASSESSMENTS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § IN.1501.321?
A common citation format is "The Texas Constitution § IN.1501.321" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § IN.1501.321 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.