74R8651 DLF-F
By Shields H.B. No. 2794
Substitute the following for H.B. No. 2794:
By Shields C.S.H.B. No. 2794
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to penalties for violation of certain insurance laws
1-3 relating to licensing and regulation of life insurance counselors.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Section 7, Chapter 29, Acts of the 54th
1-6 Legislature, Regular Session, 1955 (Article 21.07-2, Vernon's Texas
1-7 Insurance Code), is amended to read as follows:
1-8 Sec. 7. VIOLATIONS; MISDEMEANOR; PENALTIES. Any person who
1-9 shall act as a Life Insurance Counselor, as defined herein, without
1-10 having first obtained a license as herein provided, or who violates
1-11 any of the provisions of this Act shall be guilty of a Class C
1-12 misdemeanor <and, upon conviction, shall be fined not more than
1-13 Five Hundred Dollars ($500), or imprisoned not more than six
1-14 months, or both>, each such violation being a separate offense
1-15 hereunder. In addition, if such offender holds a license
1-16 hereunder, such license shall automatically expire upon such
1-17 conviction and the offender shall be barred from license for a
1-18 period of at least two (2) years.
1-19 SECTION 2. (a) The change in law made by this Act applies
1-20 only to the punishment for an offense committed on or after the
1-21 effective date of this Act. For purposes of this section, an
1-22 offense is committed before the effective date of this Act if any
1-23 element of the offense occurs before the effective date.
2-1 (b) An offense committed before the effective date of this
2-2 Act is covered by the law in effect when the offense was committed,
2-3 and the former law is continued in effect for this purpose.
2-4 SECTION 3. This Act takes effect September 1, 1995.
2-5 SECTION 4. The importance of this legislation and the
2-6 crowded condition of the calendars in both houses create an
2-7 emergency and an imperative public necessity that the
2-8 constitutional rule requiring bills to be read on three several
2-9 days in each house be suspended, and this rule is hereby suspended.