Texas Insurance Code - INS § 222.003. Tax Rates

(1) 0.875 percent of the first $450,000 of taxable gross premiums received during a calendar year from the business of life insurance;  and

(2) 1.75 percent of the remaining taxable gross premiums received during that calendar year from the business of life insurance.

(1) 0.875 percent of the first $450,000 of taxable gross revenues received during a calendar year for the issuance of health maintenance certificates or contracts;  and

(2) 1.75 percent of the remaining taxable gross revenues received during that calendar year for the issuance of health maintenance certificates or contracts.