By: Carona S.B. No. 1076 Line and page numbers may not match official copy. Bill not drafted by TLC or Senate E&E. A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to certain finance charges. 1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-4 SECTION 1. Section 348.202(b), Finance Code, is amended to 1-5 read as follows: 1-6 (c) A holder may include the cost of insurance provided 1-7 under Subsection (a) or (b), or a policy fee charged in connection 1-8 with insurance provided under Subsection (a) or (b), as a separate 1-9 charge in the contract. 1-10 SECTION 2. This Act takes effect immediately if it receives 1-11 a vote of two-thirds of all the members elected to each house, as 1-12 provided by Section 39, Article III, Texas Constitution. If this 1-13 Act does not receive the vote necessary for immediate effect, this 1-14 Act takes effect September 1, 2001.