By Brimer H.B. No. 2122
Substitute the following for H.B. No. 2122:
By Brady C.S.H.B. No. 2122
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to deductibles for workers' compensation insurance.
1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-4 SECTION 1. Article 5.55C(a), Insurance Code, is amended to
1-5 read as follows:
1-6 (a) The Board shall require each company or association that
1-7 writes workers' compensation insurance in this state to provide,
1-8 upon request, optional deductible plans that permit <to allow>
1-9 policyholders to self-insure for the deductible amount.
1-10 SECTION 2. Not later than January 1, 1996, the department
1-11 shall review and analyze the data applicable to the optional
1-12 deductible plans promulgated under Article 5.55C, Insurance Code,
1-13 and shall make a recommendation to the commissioner of insurance
1-14 regarding the amount of the premium reduction allowable for the
1-15 deductible options.
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.