The commissioner of insurance shall annually adjust the rate of assessment of the surcharge imposed under Section 403.003 so that the surcharge imposed that year, together with any unexpended funds produced by the surcharge, produces the amount the commissioner of insurance determines is necessary to pay the expenses of administering this subtitle.

Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. Sept. 1, 1993.

Acts 2005, 79th Leg., Ch. 265 (H.B. 7), Sec. 3.013, eff. September 1, 2005.

Acts 2025, 89th Leg., R.S., Ch. 358 (S.B. 1455), Sec. 19, eff. January 1, 2026.