(a) The tax imposed by this subchapter is due and payable not later than:
- (1) March 1 after the end of the calendar year in which the insurance was effectuated, continued, or renewed; or
- (2) another date prescribed by the comptroller.
- (b) An insurer shall pay the tax imposed by this subchapter using a form prescribed by the comptroller.
- (c) The tax imposed by this subchapter, if not paid when due, is a liability of the insurer, the insurer agent, and the insured.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 1, eff. April 1, 2005.
Acts 2005, 79th Leg., Ch. 728 (H.B. 2018), Sec. 11.005(d), eff. September 1, 2005.