By Hochberg H.B. No. 2757
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to the payment of premiums for workers' compensation
1-3 insurance coverage issued by the Texas Workers' Compensation
1-4 Insurance Fund.
1-5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-6 SECTION 1. Section 7(b), Article 5.76-3, Insurance Code, is
1-7 amended to read as follows:
1-8 (b) The fund shall permit a premium of any amount to be
1-9 paid in installments and shall offer all employers equal terms
1-10 regardless of the of the amount of premium paid. The fund shall
1-11 adopt <such> rules as required to provide for the financing of all
1-12 or part of the premiums by the fund or a person licensed under
1-13 Chapter 24 of this code. Those rules shall require that the fund
1-14 receive a minimum initial premium sufficient to cover the
1-15 administrative costs of issuing and booking the policy in the event
1-16 of cancellation.
1-17 SECTION 2. Section 4.02(c), Article 5.76-2, Insurance Code,
1-18 is repealed.
1-19 SECTION 3. This Act takes effect September 1, 1993.
1-20 SECTION 4. The importance of this legislation and the
1-21 crowded condition of the calendars in both houses create an
1-22 emergency and an imperative public necessity that the
1-23 constitutional rule requiring bills to be read on three several
2-1 days in each house be suspended, and this rule is hereby suspended.