74R5376 PB-F By Hunter of Nueces, et al. H.B. No. 347 Substitute the following for H.B. No. 347: By Duncan C.S.H.B. No. 347 A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to insurance coverage for certain real property 1-3 foundations. 1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-5 SECTION 1. Article 5.35-2, Insurance Code, is repealed. 1-6 SECTION 2. (a) An endorsement that was authorized under 1-7 Article 5.35-2, Insurance Code, as that article existed prior to 1-8 repeal by this Act, may not be used on any policy delivered, issued 1-9 for delivery, or renewed on or after the effective date of this 1-10 Act. 1-11 (b) The repeal of Article 5.35-2, Insurance Code, by this 1-12 Act does not otherwise affect the authority of the commissioner of 1-13 insurance under other provisions of the Insurance Code to 1-14 promulgate policy and endorsement provisions regarding the 1-15 foundation or slab of an insured dwelling. 1-16 SECTION 3. The importance of this legislation and the 1-17 crowded condition of the calendars in both houses create an 1-18 emergency and an imperative public necessity that the 1-19 constitutional rule requiring bills to be read on three several 1-20 days in each house be suspended, and this rule is hereby suspended, 1-21 and that this Act take effect and be in force from and after its 1-22 passage, and it is so enacted.