By:  Horn                                             H.B. No. 1757
       73R4322 MWV-D
                                 A BILL TO BE ENTITLED
    1-1                                AN ACT
    1-2  relating to the term of an automobile insurance policy.
    1-3        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-4        SECTION 1.  Article 5.06, Insurance Code, is amended by
    1-5  adding Subsection (9) to read as follows:
    1-6              (9)  The Board may not adopt or approve a policy form
    1-7  for private passenger automobile insurance or an endorsement to the
    1-8  policy unless the policy or endorsement has a term of more than 60
    1-9  days.
   1-10        SECTION 2.  This Act takes effect September 1, 1993, and
   1-11  applies only to an insurance policy that is delivered, issued for
   1-12  delivery, or renewed on or after January 1, 1994.  A policy
   1-13  delivered, issued for delivery, or renewed before January 1, 1994,
   1-14  is governed by the law as it existed immediately before the
   1-15  effective date of this Act, and that law is continued in effect for
   1-16  that purpose.
   1-17        SECTION 3.  The importance of this legislation and the
   1-18  crowded condition of the calendars in both houses create an
   1-19  emergency and an imperative public necessity that the
   1-20  constitutional rule requiring bills to be read on three several
   1-21  days in each house be suspended, and this rule is hereby suspended.