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.
Tex. Lab. Code § 403.005
SURCHARGE RATE
Known as the Texas Workers' Compensation Act
The act spans §§ 401–419 (623 sections).
Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.