Texas Form 00-808 is a tripartite legal security instrument executed between a taxpayer, an authorized financial depository, and the Texas Comptroller of Public Accounts. Under Texas statutes, businesses applying for certain commercial permits or engaging in activities that generate substantial state tax liabilities must post collateral security to guarantee future tax, fee, penalty, and interest payments. Rather than purchasing a continuous surety bond from an insurance company or remitting an unpledged cash deposit directly to the treasury, business owners often choose to assign an interest-earning account, such as a certificate of deposit or savings account held at an insured bank or credit union. Form 00-808 formally transfers exclusive legal ownership and control of those pledged funds to the Comptroller while allowing the account owner to collect regular interest distributions until a default notice occurs. Executing this assignment accurately ensures business owners secure their mandatory commercial operating permits without forfeiting long-term investment yields.
How To File Form 00-808
Taxpayers file this legal assignment directly with the Texas Comptroller of Public Accounts as a mandatory precondition for issuing or maintaining specific state tax permits and licenses. Because this form constitutes a binding legal pledge, it cannot be filed until both the account holder and an authorized officer of the depository bank have reviewed, completed, and signed their respective sections.
Assemble the following items before completing the form:
- Your official eleven-digit Texas Taxpayer Number or pending state tax application packet.
- The precise legal business entity name registered with the Texas Secretary of State and the Comptroller.
- The original certificate of deposit, savings account passbook, or cash deposit verification from an eligible banking institution.
- The depository bank’s Federal Employer Identification Number or Texas Vendor Identification Number.
- Exact collateral dollar amounts required by state licensing examiners for your tax type.
Once the assignor and the financial institution officer have signed the document, transmit the completed original instrument directly to your assigned Comptroller field office, permit enforcement officer, or submit it alongside your master state tax permit application. The Comptroller retains the original executed security agreement on file until the business voluntarily surrenders the permit, establishes an alternate approved surety bond, or satisfies all outstanding state tax audits and liabilities.
How To Complete Form 00-808
Form 00-808 contains identifying header blocks, tax selection checklists, party identification panels, legal assignment covenants, and three distinct signature sections. Every field must be completed in full without alterations or erasures.
Security Identification and Valuation
Field: Name on Account or Payee of Certificate
Enter the exact title of the account or payee name exactly as it appears on the bank records or certificate of deposit documentation.
Field: Texas Taxpayer Number
Write your eleven-digit taxpayer identification number assigned by the Texas Comptroller. If filing alongside an initial permit registration, enter the temporary reference number or your federal identification number as directed by your licensing examiner.
Field: Amount of Security (In Words and Numbers)
State the total collateral dollar value pledged to the state. Write the figure out fully in text words followed by the exact numerical amount in dollar figures to avoid interpretation disputes.
Type of Tax
Select the specific tax or fee category for which collateral security is required. Mark the single checkbox corresponding to your business activity:
Checkbox: State, City, Transit Authority, Special Purpose Districts, and County Sales, Excise, and Use Tax
Check this box if collateral is posted to obtain or renew a Texas Sales and Use Tax permit under Texas Tax Code Chapters 151, 321, 322, or 323.
Checkbox: Motor Fuel Tax
Select this option for motor fuel distributor, supplier, or interstate trucker licensing bonds governed under Texas Tax Code Chapter 162.
Checkbox: Texas Petroleum Products Delivery Fee
Check this box for environmental protection delivery fees under Texas Water Code Section 26.3574. Under state law, only an assigned Certificate of Deposit is accepted as valid collateral for this specific fee.
Checkbox: Pari-Mutuel Wagering Texas Racing Act
Select this entry for security collateral required under the Texas Racing Act for racetrack wagering operations.
Checkbox: Sexually Oriented Business Fee
Check this box to secure fees assessed on sexually oriented commercial venues under Texas Business and Commerce Code Chapter 102.
Checkbox: Mixed Beverage Gross Receipts Tax
Select this option if collateral guarantees liability for the state tax on gross receipts from liquor, beer, and wine under Texas Tax Code Chapters 151 and 183.
Checkbox: Mixed Beverage Sales Tax
Mark this box if security guarantees the customer-facing sales tax collected on alcoholic beverages under Texas Tax Code Chapters 151 and 183.
Checkbox: International Fuel Tax Agreement
Check this box if the account is pledged to satisfy multi-jurisdiction commercial motor carrier fuel liabilities under the International Fuel Tax Agreement.
Checkbox: Customs Broker
Select this box to satisfy mandatory bonding rules for licensed Texas customs brokers issuing export exemption stamps under Texas Tax Code Chapter 151.
Taxpayer and Assignor Information
Field: Name of Taxpayer Entity
Provide the formal legal entity name, corporate designation, partnership name, or sole proprietor name exactly as recorded on your permit application or master Comptroller registry.
Field: Name of Assignor(s)
Print the full legal name of the individual owner, partner, or third-party guarantor who legally owns the pledged funds and executes the transfer.
Field: Social Security or FEI Number
Enter the Social Security number or Federal Employer Identification number belonging to the assignor. Federal and state law mandates this tax identification for account tracing and administrative enforcement.
Field: Title(s)
State the formal organizational capacity of the assignor, such as owner, partner, president, vice president, or managing member.
Field: Assignor’s Mailing Address
Provide the complete residential or corporate street address, suite or post office box, city, state, and postal ZIP code where the assignor receives official correspondence.
Financial Institution and Account Specifics
Field: Type of Security
Indicate the specific form of liquid instrument pledged, specifying cash deposit, savings account, certificate of deposit, or another acceptable bank vehicle.
Field: Number of Account or Certificate
Input the unique serial number, ledger identifier, or certificate number assigned to the collateral vehicle by the holding financial institution.
Field: Name of Bank or Financial Institution
Enter the full legal commercial name of the regulated bank, savings institution, or credit union maintaining custody of the account.
Field: Texas Vendor or FEI Number
Provide the financial institution’s Texas Vendor Identification Number or Federal Employer Identification Number used for state accounting identification.
Field: Physical Address
Write the complete physical street address, city, state, and postal ZIP code of the depository branch holding the security account.
Assignor Agreement and Execution
The assignor agreement stipulates that the owner irrevocably assigns all rights, title, insurance interests, and claims on the specified collateral to the Texas Comptroller. It grants state revenue agents the unencumbered authority to redeem, withdraw, or apply the balance against unpaid tax debts at any time without further consent, and confirms that subsequent trade name or address changes do not impair the state’s security interest.
Field: Assignor Signature
The account owner or authorized business officer must sign this line by hand to execute the legal assignment and bind the collateral.
Field: Assignor Date
Write the calendar date on which the assignor executes the agreement.
Financial Institution Acknowledgment
This contractual block certifies that the depository bank has officially entered the state’s assignment into its permanent books, maintains no prior liens or third-party holds on the collateral, and agrees to serve as sole custodian for the exclusive benefit of the Comptroller. The bank expressly waives its standard rights of offset or administrative delay regarding the pledged funds.
Field: Officer Signature
An authorized corporate bank officer, branch manager, or operations officer must sign here to confirm the bank accepts the assignment terms and waives conflicting claims.
Field: Name (Type or Print)
Print the full name of the signing financial institution officer.
Field: Title
State the professional banking title held by the signing officer.
Field: Date
Enter the calendar date on which the financial institution officer signs and stamps the acknowledgment.
Comptroller Receipt and Directions
This administrative area is reserved for the Texas Comptroller of Public Accounts. State officials validate the intake of the security and direct the depository bank to continue paying earned interest dividends directly to the assignor until the agency provides formal written notice of default or revocation.
Field: Comptroller’s Use Only
Leave these official fields entirely blank for state staff. State examiners will complete the agent name, administrative title, agency operating division, system user ID, and official state intake date upon approving your permit security filing.
Final Review Before Filing
- Ensure the pledged dollar amount is written identically in both written English words and standard numerical figures.
- Verify that only one specific tax or fee classification checkbox is selected per assignment document.
- Confirm that the entity name on the form matches the legal name registered with the Texas Comptroller.
- Check that the depository bank’s Federal Employer Identification Number and physical branch location are listed accurately.
- Ensure the account number or certificate of deposit serial number exactly mirrors banking records.
- Verify that both the assignor and an authorized bank officer have affixed signatures with matching calendar dates.
- Leave the Comptroller’s official receipt section blank to preserve agency validation processing.