85R3006 SMT-F
 
  By: Turner H.B. No. 1940
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the use by the comptroller of public accounts of certain
  forms in connection with administration and enforcement of certain
  insurance premium tax laws.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 201.051, Insurance Code, is amended by
  adding Subsection (e) to read as follows:
         (e)  Notwithstanding another provision of this section, the
  comptroller shall allocate premium or revenue with respect to
  premium tax imposed on an insurer or health maintenance
  organization under this title based solely on the premium or
  revenue allocation by state as reported by the insurer or health
  maintenance organization on the applicable form prescribed by the
  National Association of Insurance Commissioners and adopted by the
  commissioner by rule.
         SECTION 2.  The change in law made by this Act does not
  affect tax liability accruing before the effective date of this
  Act. That liability continues in effect as if this Act had not been
  enacted, and the former law is continued in effect for the
  collection of taxes due and for civil and criminal enforcement of
  the liability for those taxes.
         SECTION 3.  This Act takes effect January 1, 2018.