By Shields H.B. No. 2665
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to the regulation of the insurance industry.
1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-4 SECTION 1. Subchapter C, Chapter 21, Art. 21.24-1, Sec.
1-5 1(6), Insurance Code, is amended to read as follows:
1-6 (6) "Insurer" means an insurance company, association or
1-7 organization authorized to do business in this state under Chapter
1-8 3, 8, 10, 11, 12, 13, 14, 15, 18, 19, 20, or 22 of this code.
1-9 SECTION 2. This section takes effect September 1, 1993, and
1-10 applies to a health insurance policy or contract for an employee
1-11 benefit plan that is entered into, delivered, issued for delivery,
1-12 or renewed on or after that date. A policy or contract entered
1-13 into, delivered, issued for delivery, or renewed before September
1-14 1, 1992 is subject to the law as it existed immediately before the
1-15 effective date of this section, and the law is continued for that
1-16 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 both to be read on three several days
1-21 in each house be suspended, and this rule is hereby suspended, and
1-22 this Act take effect and be in force according to its terms, and it
1-23 is so enacted.