By Burnam H.B. No. 3536
Substitute the following for H.B. No. 3536:
By Burnam C.S.H.B. No. 3536
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to the regulation of Lloyds' associations, county mutual
1-3 insurance companies, and reciprocal and interinsurance exchanges.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Section 6, Article 17.25, Insurance Code, is
1-6 amended as follows:
1-7 Sec. 6. (a) Such companies shall file with the Commissioner
1-8 [Board] a schedule of its rates, the amount of policy fee,
1-9 inspection fee, membership fee, or initial charge by whatever name
1-10 called, to be charged its policyholders or those applying for
1-11 policies.
1-12 (b) The Commissioner may adopt rules necessary to carry out
1-13 these provisions.
1-14 SECTION 2. Chapter 18, Insurance Code, is amended by adding
1-15 Article 18.25 and Article 18.26 as follows:
1-16 Art. 18.25. FILE SCHEDULE OF CHARGES. Such companies shall
1-17 file with the Commissioner a schedule of its rates, the amount of
1-18 policy fee, inspection fee, membership fee, or initial charge by
1-19 whatever name called, to be charged its policyholders or those
1-20 applying for policies.
1-21 Art. 18.26. RULEMAKING. The Commissioner may adopt rules
1-22 necessary to carry out these provisions.
1-23 SECTION 3. Chapter 19, Insurance Code, is amended by adding
1-24 Article 19.14 and Article 19.15 as follows:
2-1 Art. 19.14. FILE SCHEDULE OF CHARGES. Such companies shall
2-2 file with the Commissioner a schedule of its rate, the amount of
2-3 policy fee, inspection fee, membership fee, or initial charge by
2-4 whatever name called, to be charged its policyholders or those
2-5 applying for policies.
2-6 Art. 19.15. RULEMAKING. The Commissioner may adopt rules
2-7 necessary to carry out these provisions.
2-8 SECTION 4. This Act takes effect September 1, 1997.
2-9 SECTION 5. The importance of this legislation and the
2-10 crowded condition of the calendars in both houses create an
2-11 emergency and an imperative public necessity that the
2-12 constitutional rule requiring bills to be read on three several
2-13 days in each house be suspended, and this rule is hereby suspended.