By Uher H.B. No. 2434
76R8531 T
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) Notwithstanding any law to the contrary, any corporation
1-9 created by a unit under this act may, with the consent of the unit,
1-10 obtain health benefits coverage, liability coverage, workers'
1-11 compensation coverage, and property coverage under the unit's
1-12 insurance policies, self-funded coverage, or coverage provided
1-13 under an Interlocal Agreement with other political subdivisions.
1-14 Health benefits coverage may be extended to the corporation's
1-15 directors and employees, and the dependents of such directors and
1-16 employees. Workers' compensation benefits may be extended to the
1-17 corporation's directors, employees, and volunteers. The liability
1-18 coverage may be extended to protect the corporation and its
1-19 directors and employees.
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.