1-1  By:  Hunter of Nueces, et al. (Senate Sponsor - Truan) H.B. No. 347
    1-2        (In the Senate - Received from the House April 21, 1995;
    1-3  April 24, 1995, read first time and referred to Committee on
    1-4  Economic Development; May 16, 1995, reported favorably by the
    1-5  following vote:  Yeas 9, Nays 0; May 16, 1995, sent to printer.)
    1-6                         A BILL TO BE ENTITLED
    1-7                                AN ACT
    1-8  relating to insurance coverage for certain real property
    1-9  foundations.
   1-10        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
   1-11        SECTION 1.  Article 5.35-2, Insurance Code, is repealed.
   1-12        SECTION 2.  (a)  An endorsement that was authorized under
   1-13  Article 5.35-2, Insurance Code, as that article existed prior to
   1-14  repeal by this Act, may not be used on any policy delivered, issued
   1-15  for delivery, or renewed on or after the effective date of this
   1-16  Act.
   1-17        (b)  The repeal of Article 5.35-2, Insurance Code, by this
   1-18  Act does not otherwise affect the authority of the commissioner of
   1-19  insurance under other provisions of the Insurance Code to
   1-20  promulgate policy and endorsement provisions regarding the
   1-21  foundation or slab of an insured dwelling.
   1-22        SECTION 3.  The importance of this legislation and the
   1-23  crowded condition of the calendars in both houses create an
   1-24  emergency and an imperative public necessity that the
   1-25  constitutional rule requiring bills to be read on three several
   1-26  days in each house be suspended, and this rule is hereby suspended,
   1-27  and that this Act take effect and be in force from and after its
   1-28  passage, and it is so enacted.
   1-29                               * * * * *