| |
| |
| |
|
|
AN ACT
|
|
|
relating to operating requirements for farm mutual insurance |
|
|
companies related to insurance in force on rural property. |
|
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
|
SECTION 1. Section 911.301, Insurance Code, is amended by |
|
|
amending Subsection (a) and adding Subsections (e) and (f) to read |
|
|
as follows: |
|
|
(a) In this section: |
|
|
(1) "Census year" means a year in which the United |
|
|
States Census Bureau conducts a federal decennial census. |
|
|
(2) "Rural[, "rural] property" means property located |
|
|
outside an area of land subject to the taxing authority of a |
|
|
municipality with a population of more than 6,500, adjusted in |
|
|
accordance with Subsection (e) [2,500]. |
|
|
(e) On January 1 of the second year following a census year, |
|
|
the population limit described by Subsection (a)(2) increases or |
|
|
decreases by a percentage that is equal to the percentage increase |
|
|
or decrease in the population of this state from the previous |
|
|
decennial census. |
|
|
(f) Not later than November 1 of the year following a census |
|
|
year, the commissioner shall: |
|
|
(1) compute the new population limit in accordance |
|
|
with Subsection (e); and |
|
|
(2) publish the limit on the department's Internet |
|
|
website. |
|
|
SECTION 2. This Act takes effect September 1, 2023. |
|
|
|
|
|
|
| |
| |
| |
| |
______________________________ |
______________________________ |
| |
President of the Senate |
Speaker of the House |
| |
|
|
I hereby certify that S.B. No. 2008 passed the Senate on |
|
|
May 3, 2023, by the following vote: Yeas 31, Nays 0. |
|
|
|
| |
| |
______________________________ |
| |
Secretary of the Senate |
| |
|
|
I hereby certify that S.B. No. 2008 passed the House on |
|
|
May 24, 2023, by the following vote: Yeas 136, Nays 2, one |
|
|
present not voting. |
|
|
|
| |
| |
______________________________ |
| |
Chief Clerk of the House |
| |
|
|
|
| |
|
|
Approved: |
|
|
|
|
|
______________________________ |
|
|
Date |
|
|
|
|
|
|
|
|
______________________________ |
|
|
Governor |