1-1 By: Duncan S.B. No. 455
1-2 (In the Senate - Filed February 5, 1997; February 10, 1997,
1-3 read first time and referred to Committee on Economic Development;
1-4 March 24, 1997, reported adversely, with favorable Committee
1-5 Substitute by the following vote: Yeas 10, Nays 0; March 24, 1997,
1-6 sent to printer.)
1-7 COMMITTEE SUBSTITUTE FOR S.B. No. 455 By: Duncan
1-8 A BILL TO BE ENTITLED
1-9 AN ACT
1-10 relating to liability insurance coverage for a charitable
1-11 organization.
1-12 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-13 SECTION 1. Subsection (g), Section 84.007, Civil Practice
1-14 and Remedies Code, is amended to read as follows:
1-15 (g) Sections 84.005 and 84.006 of this Act [do not] apply to
1-16 any charitable organization that has [does not have] liability
1-17 insurance coverage in effect for an [on any] act or omission for
1-18 which recovery is sought and to which this chapter applies. The
1-19 coverage shall apply to the acts or omissions of the organization
1-20 and its employees and volunteers and be in the amount of at least
1-21 $500,000 for each person and $1,000,000 for each single occurrence
1-22 for death or bodily injury and $100,000 for each single occurrence
1-23 for injury to or destruction of property. The coverage may be
1-24 provided under a contract of insurance or other plan of insurance
1-25 authorized by statute and may be satisfied by the purchase of a
1-26 $1,000,000 bodily injury and property damage combined single limit
1-27 policy. Nothing in this chapter shall limit liability of any
1-28 insurer or insurance plan in an action under Chapter 21, Insurance
1-29 Code, or in an action for bad faith conduct, breach of fiduciary
1-30 duty, or negligent failure to settle a claim.
1-31 SECTION 2. The importance of this legislation and the
1-32 crowded condition of the calendars in both houses create an
1-33 emergency and an imperative public necessity that the
1-34 constitutional rule requiring bills to be read on three several
1-35 days in each house be suspended, and this rule is hereby suspended,
1-36 and that this Act take effect and be in force from and after its
1-37 passage, and it is so enacted.
1-38 * * * * *