(a) In accordance with Insurance Code §1501.0581(g)(4) (concerning Special Provisions Relating to Health Group Cooperatives), a health carrier providing coverage through a health group cooperative is exempt from premium tax and retaliatory tax for two years for premiums received for a previously uninsured employee or dependent. The two-year period for the exemption begins on the first date of coverage for the previously uninsured employee or dependent.(b) For the purposes of this section and Insurance Code §1501.0581(g)(4), a previously uninsured employee or dependent is an employee or the dependent of an employee of an employer member of a health group cooperative who did not have creditable coverage for the 63 days preceding the effective date of coverage purchased through the health group cooperative.(c) A health carrier must maintain documentation for four years for each insured that demonstrates that coverage of the insured or enrollee qualifies the health carrier for a tax exemption under subsection (b) of this section. The documentation must comply with any applicable rules or procedures adopted by the Comptroller of Public Accounts related to the tax exemption.