TLC: Insurance Code Proposed Chapters

Texas Legislative Council
Insurance Code
Proposed Chapters

CHAPTER 228. PREMIUM TAX CREDIT FOR CERTAIN INVESTMENTS

SUBCHAPTER A. GENERAL PROVISIONS
     Sec. 228.001.  GENERAL DEFINITIONS
     Sec. 228.002.  DEFINITION OF AFFILIATE

SUBCHAPTER B. ADMINISTRATION AND PROMOTION
     Sec. 228.051.  ADMINISTRATION BY COMPTROLLER
     Sec. 228.052.  RULES; FORMS
     Sec. 228.053.  REPORT TO LEGISLATURE
     Sec. 228.054.  PROMOTION OF PROGRAM

SUBCHAPTER C. APPLICATION FOR AND GENERAL OPERATION OF CERTIFIED CAPITAL COMPANIES
     Sec. 228.101.  APPLICATION FOR CERTIFICATION
     Sec. 228.102.  QUALIFICATION
     Sec. 228.103.  MANAGEMENT BY AND CERTAIN OWNERSHIP INTERESTS OF INSURANCE ENTITIES PROHIBITED
     Sec. 228.104.  ACTION ON APPLICATION
     Sec. 228.105.  CONTINUATION OF CERTIFICATION
     Sec. 228.106.  REPORTS TO COMPTROLLER; AUDITED FINANCIAL STATEMENT
     Sec. 228.107.  RENEWAL FEE; LATE FEE; EXCEPTION
     Sec. 228.108.  OFFERING MATERIAL USED BY CERTIFIED CAPITAL COMPANY

SUBCHAPTER D. INVESTMENT BY CERTIFIED CAPITAL COMPANIES
     Sec. 228.151.  SCHEDULE OF INVESTMENT
     Sec. 228.152.  INVESTMENT IN EARLY STAGE BUSINESS REQUIRED
     Sec. 228.153.  INVESTMENT IN STRATEGIC INVESTMENT BUSINESS REQUIRED
     Sec. 228.154.  CERTIFIED CAPITAL NOT INVESTED IN QUALIFIED INVESTMENTS
     Sec. 228.155.  COMPUTATION OF AMOUNT OF INVESTMENTS
     Sec. 228.156.  LIMIT ON QUALIFIED INVESTMENT
     Sec. 228.157.  DISTRIBUTIONS BY CERTIFIED CAPITAL COMPANY
     Sec. 228.158.  REPAYMENT OF DEBT

SUBCHAPTER E. QUALIFIED BUSINESS
     Sec. 228.201.  DEFINITION OF QUALIFIED BUSINESS
     Sec. 228.202.  LOCATION OF PRINCIPAL BUSINESS OPERATIONS
     Sec. 228.203.  EVALUATION OF BUSINESS BY COMPTROLLER
     Sec. 228.204.  CONTINUATION OF CLASSIFICATION AS QUALIFIED BUSINESS; FOLLOW-ON INVESTMENTS AUTHORIZED

SUBCHAPTER F. PREMIUM TAX CREDIT
     Sec. 228.251.  PREMIUM TAX CREDIT
     Sec. 228.252.  LIMIT ON PREMIUM TAX CREDIT
     Sec. 228.253.  PREMIUM TAX CREDIT ALLOCATION CLAIM REQUIRED
     Sec. 228.254.  TOTAL LIMIT ON PREMIUM TAX CREDITS
     Sec. 228.255.  ALLOCATION OF PREMIUM TAX CREDIT
     Sec. 228.256.  TREATMENT OF CREDITS AND CAPITAL
     Sec. 228.257.  TRANSFERABILITY OF CREDIT
     Sec. 228.258.  IMPACT OF PREMIUM TAX CREDIT ON INSURANCE RATEMAKING
     Sec. 228.259.  RETALIATORY TAX

SUBCHAPTER G. ENFORCEMENT
     Sec. 228.301.  ANNUAL REVIEW BY COMPTROLLER
     Sec. 228.302.  DECERTIFICATION OF CERTIFIED CAPITAL COMPANY
     Sec. 228.303.  ADMINISTRATIVE PENALTY

SUBCHAPTER H. RECAPTURE AND FORFEITURE OF PREMIUM TAX CREDITS
     Sec. 228.351.  RECAPTURE AND FORFEITURE OF PREMIUM TAX CREDIT FOLLOWING DECERTIFICATION
     Sec. 228.352.  NOTICE OF RECAPTURE AND FORFEITURE OF PREMIUM TAX CREDIT
     Sec. 228.353.  INDEMNITY AGREEMENTS AND INSURANCE AUTHORIZED TLC: Insurance Code Proposed Chapters


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