H.B. 56 78(1)    BILL ANALYSIS


H.B. 56
By: Callegari
Government Reform
Committee Report (Unamended)



BACKGROUND AND PURPOSE 

Texas law requires that an individual serving as the insurance
commissioner serve for a term of two years and meet certain requirements
in order to qualify for the position.  House Bill 56 amends the Insurance
Code to require that the commissioner serve for a term of one year and
change the qualification requirements for the position. 


RULEMAKING AUTHORITY

It is the committee's opinion that this bill does not expressly grant any
rulemaking authority to a state officer, department, agency, or
institution. 

ANALYSIS

SECTION 1.  Changes the length of the term for the insurance commissioner
from two years to one year. 

SECTION 2.  Changes the qualifications for an insurance commissioner to
require that an individual be informed and qualified in the fields of
insurance and insurance regulation and have experience in the
administration of business or government.  Removes language requiring that
an insurance commissioner have at least ten years of executive experience
in business or government or certain experience as an attorney or
accountant. 

SECTION 3.  Effective date.


EFFECTIVE DATE

November 1, 2003.