By Maxey H.B. No. 1930
76R7203 DRH-D
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to insurance provided by or through certain development
1-3 corporations created by certain political subdivisions.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Section 23, Development Corporation Act of 1979
1-6 (Article 5190.6, Vernon's Texas Civil Statutes), is amended by
1-7 adding Subsection (c) to read as follows:
1-8 (c) A corporation created by a unit under this Act may
1-9 obtain with the consent of the unit the following kinds of
1-10 insurance coverage through the unit's insurance coverage, including
1-11 any self-funded insurance coverage or insurance coverage provided
1-12 under an interlocal agreement:
1-13 (1) health benefits coverage for the corporation's
1-14 directors or employees or their dependents;
1-15 (2) workers' compensation coverage for the
1-16 corporation's directors, employees, and volunteers;
1-17 (3) liability coverage to protect the corporation, its
1-18 directors, and employees; and
1-19 (4) property coverage to protect the corporation.
1-20 SECTION 2. The importance of this legislation and the
1-21 crowded condition of the calendars in both houses create an
1-22 emergency and an imperative public necessity that the
1-23 constitutional rule requiring bills to be read on three several
1-24 days in each house be suspended, and this rule is hereby suspended,
2-1 and that this Act take effect and be in force from and after its
2-2 passage, and it is so enacted.