Amend SB 627 as follows: (1) In Section 1(a), Article 2372p-4, Revised Statutes, as added by SECTION 1 of the bill (page 1, between lines 9 and 10, house committee report printing), insert the following: (2) "Corporation" means a corporation that holds a certificate of authority issued under Article 8.20, Insurance Code. (2) Renumber subsequent subdivisions of Section 1(a), Article 2372p-4, Revised Statutes, as added by SECTION 1 of the bill, appropriately. (3) In Article 2372p-4, Revised Statutes, as added by SECTION 1 of the bill (page 7, between lines 2 and 3, house committee report printing), insert the following: Sec. 8. CORPORATIONS. (a) A corporation that is licensed by a majority of the bail bond boards in this state may not execute a bail bond in any county of this state as a surety for compensation unless the corporation holds a certificate of registration issued by the Texas Department of Insurance as provided by this section. (b) A corporation may apply to the commissioner of insurance for a certificate of registration. On application and proof that the corporation is licensed by a majority of the bail bond boards in this state, the commissioner of insurance shall issue a certificate of registration to and assume exclusive regulatory and licensing authority over the corporation. (c) A corporation that holds a certificate of registration under this section may write bail bonds in any county in the state. (d) A person may not write bail bonds as an agent for a corporation that holds a certificate of registration unless the person is licensed as a local recording agent under Article 21.14, Insurance Code. (e) The commissioner of insurance shall adopt rules and charge fees to: (1) administer this section; and (2) provide for the licensing and continuing education of local recording agents who write bail bonds. (f) The commissioner of insurance shall require a corporation that is issued a certificate of registration to maintain a cash deposit with the county treasurer for each agent that writes bail bonds for the corporation in the county. The deposit must be in the same amount and for the same purposes as the deposit required for corporations writing bail bonds that do not hold a certificate of registration under this section. (4) In SECTION 2 of the bill (page 7, between lines 18 and 19, house committee report printing), insert the following: (e) The Texas Department of Insurance shall issue a local recording agent license under Article 21.14, Insurance Code, that is limited to the writing of bail bonds to a person who, on September 1, 1997, is an agent of a corporation that is qualified to receive a certificate of registration under Section 8, Article 2372p-4, Revised Statutes, as added by this Act.