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By: Paul (Senate Sponsor - Taylor) |
H.B. No. 3564 |
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(In the Senate - Received from the House May 3, 2021; |
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May 10, 2021, read first time and referred to Committee on Business & |
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Commerce; May 19, 2021, rereferred to Committee on Jurisprudence; |
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May 21, 2021, reported favorably by the following vote: Yeas 5, |
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Nays 0; May 21, 2021, sent to printer.) |
| Click here to see the committee vote |
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A BILL TO BE ENTITLED
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AN ACT
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relating to the authority of the Texas Department of Insurance to |
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rescind a certificate of compliance issued for an improvement for |
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purposes of coverage through the Texas Windstorm Insurance |
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Association. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 2210.2515(k), Insurance Code, is amended |
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to read as follows: |
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(k) The department may not rescind a certificate of |
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compliance after issuing the certificate [issued] under this |
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section [if the department finds that the improvement does not |
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comply with the applicable building code under the plan of |
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operation]. [The commissioner may adopt rules as necessary to |
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implement this subsection.] |
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SECTION 2. The change in law made by this Act applies to a |
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certificate of compliance that is in effect or issued on or after |
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the effective date of this Act. |
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SECTION 3. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2021. |
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