73R9358 E
          By Goolsby                                             H.B. No. 314
          Substitute the following for H.B. No. 314:
          By Shields, Goolsby                                C.S.H.B. No. 314
                                 A BILL TO BE ENTITLED
    1-1                                AN ACT
    1-2  relating to continuing education requirements for certain insurance
    1-3  agents.
    1-4        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-5        SECTION 1.  Section 5b, Article 21.14, Insurance Code, is
    1-6  amended to read as follows:
    1-7        Sec. 5b.  CONTINUING EDUCATION.  The State Board of Insurance
    1-8  shall adopt a procedure for certifying and shall certify continuing
    1-9  education programs for agents.  Participation in the programs is
   1-10  mandatory for all agents licensed under this article.  The State
   1-11  Board of Insurance shall exempt agents who have been licensed for
   1-12  <15 years or more beginning September 1, 1987; 16 years or more
   1-13  beginning September 1, 1988; 17 years or more beginning September
   1-14  1, 1989; 18 years or more beginning September 1, 1990; 19 years or
   1-15  more beginning September 1, 1991; and> 20 years or more on or after
   1-16  September 1, 1992, and shall have the rulemaking authority to
   1-17  provide for other reasonable exemptions.  No local recording agent
   1-18  or solicitor shall be required to complete more than 30 <15> hours
   1-19  of continuing education per licensing period <year>.  An agent,
   1-20  other than an insurance service representative, licensed under both
   1-21  Articles 21.07-1 and 21.14 may elect to satisfy the continuing
   1-22  education requirements of either article and shall not be required
   1-23  to complete a total of more than 30 <15> hours of continuing
   1-24  education per licensing period <year>.  An insurance service
    2-1  representative licensed under Article 21.14 shall not be required
    2-2  to complete more than 15 hours of property and casualty continuing
    2-3  education per licensing period.
    2-4        SECTION 2.  This Act takes effect September 1, 1993, and
    2-5  applies only to continuing education required to be completed in a
    2-6  licensing period that begins on or after January 1, 1994.
    2-7  Continuing education required to be completed in a licensing period
    2-8  that begins before January 1, 1994, is governed by the law as it
    2-9  existed immediately before the effective date of this Act, and that
   2-10  law is continued in effect for that purpose.
   2-11        SECTION 3.  The importance of this legislation and the
   2-12  crowded condition of the calendars in both houses create an
   2-13  emergency and an imperative public necessity that the
   2-14  constitutional rule requiring bills to be read on three several
   2-15  days in each house be suspended, and this rule is hereby suspended.