1-1 By: Averitt (Senate Sponsor - Cain) H.B. No. 2501 1-2 (In the Senate - Received from the House May 8, 1995; 1-3 May 9, 1995, read first time and referred to Committee on Economic 1-4 Development; May 18, 1995, reported favorably by the following 1-5 vote: Yeas 7, Nays 0; May 18, 1995, sent to printer.) 1-6 A BILL TO BE ENTITLED 1-7 AN ACT 1-8 relating to insurance requirements for certain persons who engage 1-9 in a business regarding fire alarms or fire detection devices. 1-10 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-11 SECTION 1. Section 5B, Article 5.43-2, Insurance Code, is 1-12 amended by adding Subsection (g) to read as follows: 1-13 (g) This section does not affect the rights of the insured 1-14 to negotiate or contract for limitations of liability with a third 1-15 party, including a customer of the insured. 1-16 SECTION 2. This Act takes effect September 1, 1995. 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 bills to be read on three several 1-21 days in each house be suspended, and this rule is hereby suspended. 1-22 * * * * *