Stamping Fees & Taxes
|Policy Dates||Tax||Stamping Fee|
|Policies with inception 01/01/2021 and after
(*Note: rate decrease effective 01/01/2021)
|Policies with inception 01/01/2016 to 12/31/2020||4.85%||0.15%|
|Policies with inception 07/01/2007 to 12/31/2015||4.85%||0.06%|
|Policies with inception 07/01/2003 to 06/30/2007||4.85%||0.10%|
|Policies with inception 07/01/2002 to 06/30/2003||4.85%||0.15%|
|Policies with inception 04/01/2000 to 06/30/2002||4.85%||0.25%|
|Policies with inception 01/01/1997 to 03/31/2000||4.85%||0.15%|
The 4.85% surplus lines tax is regulated by the Texas Comptroller of Public Accounts. For questions related to the surplus lines premium tax, please contact the Comptroller’s office at (800) 252-1387.
SLTX generates a monthly invoice/statement listing stamping fees due from brokers based on surplus lines policies processed. Processing closes for each month at 6:30 p.m. CST on the last day of the month.
For brokers that file by mail, an invoice/statement and detail report of policies processed during the month are printed and mailed during the first week of the next month. The invoice/statement separates the current month’s invoice from prior months’ unpaid invoices. For more information on invoices and billing, please see our Billing Invoice FAQs.
Brokers who use the Online Filing System website to file policies are able to access each month’s invoice/statement and policy detail online at 8:00 a.m. CST the day immediately following the last day of the month.
Checks should be made payable to “Surplus Lines Stamping Office of Texas” and should be mailed to the following address:
Surplus Lines Stamping Office of Texas
805 Las Cimas Parkway, Suite 300
Austin, TX 78746-5493
- Payments are due by the end of the month following the month that the invoice was processed, and should not be more than 90 days past due. For example, invoices based on January’s processing are due by the end of February. SLTX is required to report delinquent invoices that are greater than 90 days past due to the Texas Department of Insurance.
- Payments should be accompanied by a remittance advice, or the broker name and surplus lines license number, at a minimum. Unidentified checks may be returned.
- Payments submitted must be for the full amount due on an invoice. Payments for less than the amount of an individual month’s billing are not accepted.
If errors made in one month are not corrected in the same month, there is a possibility of stamping fees being overstated and invoices listing more than the expected amount. SLTX closes its books for policy processing on the last day of each month and cannot modify any posted amounts. Errors discovered after a processing month has been closed must be corrected in a subsequent month.
If an invoice is overstated, please contact the SLTX Accounting Team.