1 (844) 589-9732

Texas Motor Fuels Tax Continuous Bond

The Texas motor fuels tax continuous bond is between $30,000 and $600,000. Approval is determined by good credit, and offered at 1%. Please call AmeriPro Surety Bonds today at:              844-589-9732.

Texas Motor Fuels Tax Continuous Bond

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Surety Bond Requirement and Purpose

 

 

 

Texas gasoline, diesel fuel, and dyed diesel fuel businesses are required by the state’s Comptroller of Public Accounts to post a surety bond as a condition of conducting business.

The surety bond requirement is a financial guarantee for the Lone Star State that all fuel taxes owed will be paid as required.

The surety bond is required of suppliers, permissive suppliers, importers/exporters, distributors, and fuel dealers of the above groups according to the following formula:

  • A MINIMUM surety bond amount of $30,000;
  • Or the greater of 2x the amount of tax that could be due on tax-free fuel acquired, purchased, or sold within a reporting period;
  • With a MAXIMUM surety bond amount of $600,000.

 

 

 

Qualifying and the Premium

 

 

 

Applicants for the Texas motor fuels tax continuous bond will be required to complete an application and undergo an underwriter review.

Our agency can begin the application with you by phone (and we would encourage it); however, your application will need to be signed by you before submission.

The review process includes a credit check inquiry. Good credit is required for approval by our Surety; and the rate is 1% of your bond amount annually.

Upon approval of your surety bond and payment of the premium, our agency issues your bond to you immediately. It is the original surety bond that you’ll file, not an email copy.

Upon receipt of your surety bond and Power of Attorney form, you’ll file both documents to:

State of Texas

Texas Comptroller of Public Accounts

111 E. 17th Street

Austin, TX 78774

 

 

 

Term Of Your Surety Bond

 

 

 

This surety bond is issued for a period of one year. It is called “continuous” because it will always be required, and will renew at whatever amount you require at the end of that term.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit, court, and fiduciary surety bonds in Texas, all 50 states, and Washington D.C.

Please call our agency today at:

 

844-589-9732

 

Request a Callback

  • Date Format: MM slash DD slash YYYY
  • Please note: We do not share or rent your address to anyone, except for underwriting purposes associated with your bond.
  • This helps us to find exactly the surety bond that you require. By the way, it's perfectly OK to not know the type of surety bond you need; that's why we're here!
  • This field is for validation purposes and should be left unchanged.

AmeriPro Surety Bonds

Our focus is exclusively surety bonds. We have two areas of concentration: YOU, our customer; and providing you with the surety bond that you need. Whether the bond is an "instant issue"; is for a contractor; a court bond; or one for a client with lower credit scores, AmeriPro Surety Bonds dedicates itself to providing our customers with a seamless, professional, and quick surety bond experience.

apply today

recent news

Lost Cashier’s Check Bond | Lost Instrument Bond

If you’ve lost a cashier’s check or money order, to replace it, the banking institution will require that a “Lost Instrument bond” be purchased in order to re-issue it. Learn how to quickly purchase this bond with AmeriPro Surety Bonds.

Mortgage Broker Bond

A mortgage broker bond is a license and permit bond which states require to become properly licensed and which is also required to protect the public from wrongful acts committed by a mortgage broker.

Notary Public Bond California

A notary bond, also known as a notary public bond, is a bond that is required by the state of California to engage in the business of witnessing signatures on documents. 

Missouri Replevin Bond

Missouri Replevin Bond AmeriPro Surety Bonds | 844-589-9732       Missouri Replevin Action; Surety Bond Requirement, Amount & Purpose       An action of replevin occurs when a Plaintiff, in a civil court matter, is permitted by the...

Mississippi Replevin Bond

Mississippi Replevin Bond AmeriPro Surety Bonds | 844-589-9732       Mississippi Replevin Action; Bond Amount and Purpose       An action of replevin occurs in a civil litigation proceeding. The replevin allows the Plaintiff, before a...

Ohio Receiver Bond

Ohio Receiver Bond AmeriPro Surety Bonds | 844-589-9732       Surety Bond; Purpose And Amount       An Ohio receiver may be appointed by a court or state supreme court to handle matters relating to a mortgage; enforcing rental agreements;...

contact us

Office: 1 (844) 589-9732

Hours of Operation:

Monday – Friday 6 am to 5 pm (PST)