Amend SB 414 (house committee printing) as follows:
      (1)  In SECTION 1.02 of the bill, in the sixth sentence of
Section 3(b), Article 21.01-1, Insurance Code (page 9, line 26),
strike "four hours" and substitute "two hours".
      (2)  In SECTION 1.11 of the bill, at the end of Section 2,
Article 21.07, Insurance Code (page 45, between lines 11 and 12),
insert:
      (v)  An entity chartered by the federal Farm Credit
Administration under the farm credit system established under 12
U.S.C. Section 2001 et seq., as amended, may be licensed by the
department to solicit insurance in this state, as provided by 12
U.S.C. Section 2218, as amended, and in the manner provided for the
licensing of a corporation under this section.
      (3)  In SECTION 3.01 of the bill, in Section 6(b), Article
21.14, Insurance Code (page 67, lines 23-24), strike "a production
credit association or bank for a cooperative" and substitute "an
entity chartered by the federal Farm Credit Administration".
      (4)  After SECTION 7.03 of the bill (page 131, between lines
9 and 10) insert the following section, appropriately numbered:
      SECTION 7.__. Article 8.24(h), Insurance Code, is amended to
read as follows:
      (h)  The carrier may <It shall> underwrite business in Texas
only through <its resident Texas> agents <thereunto duly authorized
by it in writing and duly> licensed by the <such> department under
<the provisions of> Article 21.09 or 21.14 of this code<, as the
same now exists or as it may be amended hereafter, and the license
issued to such Texas agents shall specially authorize them to write
for such foreign carriers complying herewith the risks authorized
hereby>.
      (5)  In SECTION 8.01(10)(B) of the bill (page 139, line 18),
strike "Subsection (h),".
      (6)  Renumber sections of the bill appropriately.