Contracts
None. This is a statutory tax assessment levied on the carrier. It does not trigger change-in-law provisions in vendor contracts or policyholder agreements.
Hiring/Training
None. This legislation strictly governs state agency personnel (State Fire Marshal investigators). It imposes no new hiring or training mandates on private sector employers.
Reporting & Record-Keeping
None. No new filings are required. The tax increase will be reflected automatically in the annual maintenance tax invoice generated by the Comptroller/TDI.
Fees & Costs
Variable Maintenance Tax Increase.
The law adds ~$1.03 million annually to the TDI Operating Account (Fund 36).
- Mechanism: Fund 36 is "self-leveling." TDI is required to set maintenance tax rates at a level sufficient to cover appropriations.
- Impact: Carriers writing Property & Casualty, Life, Accident, Health, and Title insurance will see this cost amortized into their 2026 maintenance tax rate.