Texas Comptroller Publishes Information on Volunteer Fire Department Assistance Fund Excise Tax Assessment

The Texas Comptroller of Public Accounts June 22 published information on the volunteer fire department assistance fund assessment, for excise tax purposes. The publication includes: 1) the Rural Volunteer Fire Department Assistance Program provides equipment and training to volunteer fire departments across the state; 2) the funding of the program is done by an annual assessment on property and casualty insurers authorized to do business in the state; 3) the annual assessment amount and calculation of each insurer’s share of the total assessment; 4) payment is due no later than Aug. 1 and the assessment notice includes instructions for computing ...