Texas § IN.1502.053 - EXEMPTION FROM CERTAIN TAXES

Full text of Texas The Texas Constitution § IN.1502.053 — EXEMPTION FROM CERTAIN TAXES, with citation guidance and answers to common questions.

§ IN.1502.053. EXEMPTION FROM CERTAIN TAXES

EXEMPTION FROM CERTAIN TAXES. (a) The issuer of a children's health benefit plan approved under Section 1502.051 is not subject to the premium tax or the tax on revenues imposed under Chapter 222 with respect to money received for coverage provided under that plan. (b) The issuer of a children's health benefit plan approved under Section 1502.051 is not subject to the retaliatory tax imposed under Chapter 281 with respect to money received for coverage provided under that plan. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 3, eff. April 1, 2005. Amended by: Acts 2005, 79th Leg., Ch. 728 (H.B. 2018 ), Sec. 11.062(a), eff. September 1, 2005. Acts 2007, 80th Leg., R.S., Ch. 932 (H.B. 3315 ), Sec. 19, eff. June 15, 2007.

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Frequently Asked Questions About Texas § IN.1502.053

What does The Texas Constitution § IN.1502.053 cover?

Section IN.1502.053 ("EXEMPTION FROM CERTAIN TAXES") 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.1502.053?

A common citation format is "The Texas Constitution § IN.1502.053" (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.1502.053 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.