1-1 By: Solomons (Senate Sponsor - Carona) H.B. No. 1684 1-2 (In the Senate - Received from the House April 25, 2001; 1-3 April 26, 2001, read first time and referred to Committee on 1-4 Business and Commerce; May 7, 2001, reported favorably by the 1-5 following vote: Yeas 6, Nays 0, 1 present, not voting; 1-6 May 7, 2001, sent to printer.) 1-7 A BILL TO BE ENTITLED 1-8 AN ACT 1-9 relating to certain charges that may be included in a retail 1-10 installment agreement. 1-11 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-12 SECTION 1. Section 348.202(c), Finance Code, is amended to 1-13 read as follows: 1-14 (c) A holder may include the cost of insurance provided 1-15 under Subsection (a) or (b), and a policy or agent fee charged in 1-16 connection with insurance provided under Subsection (a) or (b), as 1-17 a separate charge in the contract. 1-18 SECTION 2. This Act takes effect immediately if it receives 1-19 a vote of two-thirds of all the members elected to each house, as 1-20 provided by Section 39, Article III, Texas Constitution. If this 1-21 Act does not receive the vote necessary for immediate effect, this 1-22 Act takes effect September 1, 2001. 1-23 * * * * *