The Surety Bond Experts
75 Port City Landing | Suite 130
Mt Pleasant SC 29464
(866) 372-0827
The State of Texas
IFTA License
Bond Amount: Varies
Bond Term: Stated on Bond
Bond Price: Varies
To be bonded for a Texas IFTA License, you must obtain a surety bond, typically determined by the state based on your fuel tax liability, to ensure compliance with fuel tax obligations.

Quick, Easy, and Affordable

IFTA License Bond

To be bonded for a Texas IFTA License, you must obtain a surety bond, typically determined by the state based on your fuel tax liability, to ensure compliance with fuel tax obligations.

In Texas, the bond for an International Fuel Tax Agreement (IFTA) license is mandated by the Texas Comptroller of Public Accounts to ensure compliance with fuel tax regulations.

In Texas, to obtain an IFTA license, additional qualifications include maintaining accurate fuel and mileage records, filing quarterly tax returns, and ensuring compliance with both state and international fuel tax agreements, but no specific bond is required for the IFTA license itself.

The cost of the bond for a Texas IFTA License typically varies based on the applicant’s credit score and financial history, but it generally ranges from 1% to 5% of the total bond amount required.

With instant approval, applicants can quickly secure the Texas IFTA License bond, which is issued for a duration of one year.

To get instant approval, click the apply now button to secure your Texas IFTA License Bond.

The obligee for the Texas IFTA License bond is the State of Texas Comptroller of Public Accounts. You can find more information about the requirements for the bond on their official website. Here is the link:

State of Texas Comptroller of Public Accounts – IFTA Information

Texas
IFTA License Bond
Amount: $Varies
Term: Stated on Bond
Price: Varies
To be bonded for a Texas IFTA License, you must obtain a surety bond, typically determined by the state based on your fuel tax liability, to ensure compliance with fuel tax obligations.

Bond Details

State: Texas
Bond Amount: Varies
Class: License and Permit Bond
Obligee: State of Texas Comptroller of Public Accounts
Price: Varies
Duration: Stated on Bond
Expiration: Stated on Bond

Get A IFTA License

Quick, Easy, and Affordable

From Palmetto Surety Corporation, your trusted partner for all surety bond needs!

Why Choose Palmetto Surety Corporation?

Why Choose Palmetto Surety?

Fast Approvals

Get your surety bond quickly with our streamlined approval process.

Competitive Rates

We offer some of the most competitive rates in the industry, ensuring you get the most affordable surety bonds.

Approvals in Minutes

Competitive Rates

Fast Approvals

Get your surety bond quickly with our streamlined approval process.

Competitive Rates

We offer some of the most competitive rates in the industry, ensuring you get the most affordable surety bonds.

Ensure Compliance with a IFTA License!

How It Works:

Request a Quote: Click the “Apply Now” link to get started. For most bonds, you’ll see the price immediately on the application.   If your bond requires a credit check or underwriting, you’ll receive an instant quote after completing our quick and easy application.

Approval Process: Many surety bonds are available for instant issue, with approval granted immediately after your online payment. For bonds that require underwriting, our team will review your application and provide fast approval—typically within hours, not days.

Receive Your Surety Bond: Once approved, you’ll receive your bond via email in PDF format. After signing the required documents through DocuSign and completing the online payment, your bond is ready to go!

  1.  

Who Needs This Surety Bond?

The Texas International Fuel Tax Agreement (IFTA) License is required for motor carriers operating in interstate commerce. Specifically, you need the Texas IFTA License if you operate a qualified motor vehicle that meets the following criteria: 1. **Weight**: The vehicle has two axles and a gross vehicle weight or registered gross vehicle weight exceeding 26,000 pounds, or it has three or more axles regardless of weight. 2. **Combination**: The vehicle is used in combination, and the combined weight exceeds 26,000 pounds. 3. **Interstate Travel**: The vehicle is used for transporting goods or passengers across state lines. If your vehicle meets these criteria and you operate in multiple jurisdictions, you are required to obtain an IFTA License to simplify the reporting of fuel use taxes. This license allows you to file a single quarterly fuel tax report that covers all participating IFTA jurisdictions, rather than filing separate reports for each state or province.
Benefits of a IFTA License
Benefits of Texas IFTA License: Streamlined Fuel Tax Reporting: Simplifies the process of reporting fuel taxes for vehicles operating in multiple states, reducing administrative burden. Cost Efficiency: Eliminates the need for multiple fuel tax permits, saving businesses time and money. Regulatory Compliance: Ensures adherence to interstate fuel tax regulations, helping businesses avoid penalties and fines. Operational Flexibility: Allows for seamless travel across state lines without the need for additional permits, enhancing business operations. Record Keeping: Facilitates organized and accurate record-keeping, aiding in audits and financial management.

Apply for Your IFTA License Today!

Get started with our fast and easy application process. Submit your details, and you'll be approved in minutes.

FREQUENTLY ASKED QUESTIONS

How much does a IFTA License cost?

The cost of a surety bond, also known as a bond premium, typically depends on the bond amount required and your personal or business financial profile. For most bonds, you will pay a percentage of the total bond amount, usually ranging between 1% to 15%. Factors that influence the cost include the type of bond, your credit score, and your financial standing. Those with strong credit can expect to pay lower premiums, while applicants with lower credit scores may face higher rates. We offer competitive rates and work to get you the best possible price for your bond.

How long does it take to get approved for a IFTA License?

At Palmetto Surety Corporation, most of our bonds are issued instantly, meaning you’ll receive immediate approval. For bonds that require manual review and underwriting (based on credit score), we typically provide approval within minutes of submitting your application, and no later than 24 hours.

What happens if I don’t get the IFTA License bond?

If you fail to obtain the required surety bond, you may face legal penalties, including fines, suspension of your business license, or the inability to legally operate. These surety bonds are mandatory requirement by the state to ensure compliance with industry regulations and protect the public from misconduct or fraud.

How do I renew the IFTA License Bond?

When it's time to renew your bond, you will receive a notice from the surety bond company prior to the surety bond's expiration date. To extend your bond for another term, simply provide any updated information and pay the renewal premium. Be sure to renew on time to avoid any gaps in coverage, as this could result in non-compliance with the surety bond's regulations.

Can I cancel the IFTA License bond?

If you're considering canceling your surety bond for the Texas IFTA License, it's crucial to understand the implications. The surety bond, required by the obligee, the State of Texas Comptroller of Public Accounts, serves as a financial guarantee ensuring compliance with fuel tax obligations under the International Fuel Tax Agreement (IFTA). Canceling this bond could lead to significant repercussions, including the potential suspension or revocation of your IFTA license, which would impede your ability to legally operate across state lines. Additionally, you may face penalties or fines, and your business reputation could suffer. Before making any decisions, it's advisable to consult with a professional to fully understand the consequences and explore alternative solutions to maintain compliance and protect your business interests.

Still have questions or need more help?

Our surety bond experts and underwriters are available to assist you with any questions you have about your surety bond application - Feel Free to Call us Monday -Friday 9 AM - 5 PM EST at: (833) 7-SURETY
Top

© 2025 – All Rights Reserved

Site and Marketing by Mass Impact