Texas § IN.3504.0004 - PREMIUM TAX
Full text of Texas The Texas Constitution § IN.3504.0004 — PREMIUM TAX, with citation guidance and answers to common questions.
§ IN.3504.0004. PREMIUM TAX
PREMIUM TAX. (a) A travel insurer shall pay premium tax, as provided by Section 221.002 , on travel insurance premiums paid by any of the following: (1) an individual primary policyholder who is a resident of this state; (2) a primary certificate holder who is a resident of this state and elects and purchases coverage under a group travel insurance policy; or (3) a blanket travel insurance policyholder who buys a blanket travel insurance policy for members of an eligible group if: (A) the policyholder is a resident of this state; or (B) the policyholder's principal place of business is located in this state. (b) A travel insurer shall: (1) document the state of residence or principal place of business of the policyholder or certificate holder described by Subsection (a); and (2) report as premium: (A) only the amount allocable to travel insurance and not amounts received for travel assistance services or cancellation fee waivers; and (B) only the amount allocable to residents of this state. (c) Amounts received for travel assistance services and cancellation fee waivers, whether the travel assistance services and cancellation waivers are offered separately or for a combined price authorized by Section 3504.0005 , are not subject to taxation under Section 221.002 (b). Added by Acts 2019, 86th Leg., R.S., Ch. 1000 (H.B. 2587 ), Sec. 1, eff. September 1, 2019.
Frequently Asked Questions About Texas § IN.3504.0004
What does The Texas Constitution § IN.3504.0004 cover?
Section IN.3504.0004 ("PREMIUM TAX") 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.3504.0004?
A common citation format is "The Texas Constitution § IN.3504.0004" (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.3504.0004 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.