By: Armbrister S.B. No. 1467
A BILL TO BE ENTITLED
AN ACT
1-1 relating to deductibles for workers' compensation insurance.
1-2 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-3 SECTION 1. Section (a), Article 5.55C, Texas Insurance Code,
1-4 is amended to read as follows:
1-5 (a) The commissioner <Board> shall allow <require> each
1-6 company or association that writes workers' compensation insurance
1-7 in this state to offer optional deductible plans which permit <to
1-8 allow> policyholders to self-insure for the deductible amount.
1-9 SECTION 2. The importance of this legislation and the
1-10 crowded condition of the calendars in both houses create an
1-11 emergency and an imperative public necessity that the
1-12 constitutional rule requiring bills to be read on three several
1-13 days in each house be suspended, and this rule is hereby suspended.