Amend Proposed Art. 21.21-9 as provided by Section 1 of
HB 671 by revising Section 3 and 4 of proposed Art. 21.21-9 to read
as follows:
      Sec. 3.  COMMISSIONER RULEMAKING.  The Commissioner of
Insurance is granted rulemaking authority to regulate the use of
credit reports by insurance companies for underwriting decisions.
Any such rule shall be based upon sound actuarial principles
applicable to underwriting.
      Sec. 4.  PENALTY.  An insurer who violates any rule
promulgated by the Commissioner commits an unfair practice in
violation of Article 21.21 of this code and is subject to the
penalties imposed under that article.