85R12053 ADM-F
By: Perry S.B. No. 1083
A BILL TO BE ENTITLED
AN ACT
relating to the applicability of the sales and use tax to certain
insurance services.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 151.0039(b), Tax Code, is amended to
read as follows:
(b) "Insurance service" does not include:
(1) insurance coverage for which a premium is paid or
commissions paid to insurance agents for the sale of insurance or
annuities; [or]
(2) a service performed on behalf of an insured by a
person licensed under Chapter 4102, Insurance Code; or
(3) a service performed by a certified public
accountancy firm, as that term is defined by Section 901.002,
Occupations Code, if less than one percent of the firm's revenue in
the calendar year is from services in this state that would
otherwise constitute insurance service under Subsection (a).
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.