Amend CSSB 957 as follows: (1) In SECTION 1.01, in added Article 21.09, Insurance Code, following added Section 5 of the article (house committee printing, page 13, between lines 7 and 8), insert the following new Section 6: Sec. 6. FUNERAL PREARRANGEMENT LIFE INSURANCE LICENSE. (a) In this section, "funeral establishment" means a place of business used in the care and preparation for burial or transportation of dead human bodies, or any place at which one or more persons, either as sole owner, in copartnership, or through corporate status, are engaged, or represent themselves to be engaged, in the business of embalming or funeral directing. (b) Notwithstanding any other provision of this article or this code, the commissioner may issue a funeral prearrangement life insurance agent's specialty license under Section 1 of this article to a funeral establishment that complies with this section only for the limited purposes set forth in this section. (c) A funeral prearrangement life insurance agent may write only life insurance policies and fixed annuity contracts to secure delivery of funeral services and merchandise under prepaid funeral contracts regulated by the Texas Department of Banking under Chapter 154, Finance Code. A funeral prearrangement life insurance agent may not act as an agent for an insurance company unless the agent acts under the supervision of a person, including a corporation, who holds or is an authorized representative of a holder of a permit issued by the Texas Department of Banking regulated under Chapter 154, Finance Code. (d) A funeral prearrangement life insurance agent and the agent's employees may not: (1) write any coverage or combination of coverages with an initial guaranteed death benefit in excess of $15,000 on any life; or (2) act as an agent for more than one insurance company. (2) In SECTION 1.01, in added Article 21.09, Insurance Code (house committee printing, page 13, line 8), renumber existing Section 6 of the article as Section 7. (3) In SECTION 5.01, at the end of Subdivision (2), following the semicolon (house committee printing, page 26, line 1), strike "and". (4) In SECTION 5.01 (house committee printing, page 26, between lines 1 and 2) insert the following new Subdivision (3) and renumber the subsequent subdivision accordingly: (3) Section 5A, Chapter 213, Acts of the 54th Legislature, Regular Session, 1955 (Article 21.07-1, Vernon's Texas Insurance Code); and (5) In SECTION 6.02 (house committee printing, page 26, lines 7-17), strike Subsection (a), substitute the following new Subsections (a) and (b), and reletter subsequent subsections appropriately: (a) Not later than January 1, 2000, the Texas Department of Insurance shall issue an appropriate license under Article 21.09, Insurance Code, as added by this Act, to a person who, immediately before the effective date of this Act, holds an agent license issued by the Texas Department of Insurance under: (1) Section 21, Article 21.07, Insurance Code, as added by Chapter 820, Acts of the 75th Legislature, Regular Session, 1997; (2) Section 21, Article 21.07, Insurance Code, as added by Chapter 1196, Acts of the 75th Legislature, Regular Session, 1997; or (3) Section 5A, Chapter 213, Acts of the 54th Legislature, Regular Session, 1955 (Article 21.07-1, Vernon's Texas Insurance Code). (b) On issuance of the new license under Subsection (a) of this section, the license holder is subject to Article 21.09, Insurance Code, as added by this Act.