By Ellis                                              S.B. No. 1696
         76R2437 DB-D                           
                                A BILL TO BE ENTITLED
 1-1                                   AN ACT
 1-2     relating to the duration of the period of the rate rollback for
 1-3     certain lines of insurance.
 1-4           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 1-5           SECTION 1.  Section 6, Article 5.131, Insurance Code, is
 1-6     amended to read as follows:
 1-7           Sec. 6.  DURATION OF REDUCTION.  Unless the commissioner
 1-8     grants relief under Section 4 or 5 of this article, each rate
 1-9     resulting from the reduction required under Section 3 of this
1-10     article remains in effect until January 1, 2003 [2001].
1-11           SECTION 2.  This Act takes effect September 1, 1999.
1-12           SECTION 3.  The importance of this legislation and the
1-13     crowded condition of the calendars in both houses create an
1-14     emergency and an imperative public necessity that the
1-15     constitutional rule requiring bills to be read on three several
1-16     days in each house be suspended, and this rule is hereby suspended.