By Driver H.B. No. 2893 A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to certain insurance benefits and annuity proceeds. 1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-4 SECTION 1. Section 6, Article 21.22, Insurance Code, is 1-5 amended to read as follows: 1-6 Sec. 6. For purposes of regulation under this code, an 1-7 annuity contract issued by a life, health, or accident insurance 1-8 company, including a mutual company or fraternal company, or under 1-9 any plan or program of annuities or benefits in use by an employer 1-10 or individual, shall be considered a policy or contract of 1-11 insurance. Except, however, if any such assignment is voluntary, 1-12 in writing, supported by consideration and secured by a pledge of 1-13 the policy or its proceeds, then the assignment shall be valid. 1-14 SECTION 2. The importance of this legislation and the 1-15 crowded condition of the calendars in both houses create an 1-16 emergency and an imperative public necessity that the 1-17 constitutional rule requiring bills to be read on three several 1-18 days in each house be suspended, and this rule is hereby suspended, 1-19 and that this Act take effect and be in force from and after its 1-20 passage, and it is so enacted.