Amend CSSB 14 following ARTICLE 4 of the bill (page 54 between 
lines 18 and 19) by inserting the following new ARTICLE, 
appropriately numbered, and renumbering subsequent ARTICLES and 
SECTIONS of the bill appropriately:

ARTICLE _____.  SANCTIONS FOR RATES IN VIOLATION OF CODE
	SECTION _____.01.  Chapter 82, Insurance Code, is amended by 
adding Subchapter C to read as follows:

SUBCHAPTER C. ADDITIONAL SANCTIONS FOR RATES IN VIOLATION OF CODE
	Sec. 82.101.  RATE REFUND.  (a)  Notwithstanding any other 
provision of this code, the commissioner by order issued after 
notice and opportunity for hearing may require a company regulated 
by the commissioner to make a refund of an excessive premium 
charged.
	(b)  The commissioner may require a refund under this section 
if the commissioner finds that the premium was  charged under a 
rate, rating manual, rating schedule, plan of rules, rating rule, 
classification system, territory code or description, or other 
similar information used by the insurer to determine the applicable 
premium that violates:
		(1)  this code or another insurance code of this state; 
or           
		(2)  a rating criteria or standard established by or 
under this code or another insurance code of this state.
	Sec. 82.102.  AMOUNT OF REFUND.  Except as provided by Section 
82.103, an insurer required to make a refund under this section 
shall pay to the individual who paid the premium:
		(1)  the total amount of premium paid in violation of a 
law, criteria, or standard described by Subsection (a)(1) or (2) 
during the entire period the excessive premium was paid; and
		(2)  reasonable interest on that amount, in a amount 
established by the commissioner, beginning on the date on which the 
excessive premium was paid and ending on the date the refund is 
paid.
	Sec. 82.103.  DE MINIMUS REFUND NOT REQUIRED.  The 
commissioner shall declare a rate found to be excessive under this 
subchapter by 7.5 percent or less to be de minimus.  A company is not 
required to directly refund an overcharge of less than 7.5 percent 
to a person who is a policyholder at the time the refund is ordered 
if the company agrees to reduce future rates by the amount of the 
overcharge that would have otherwise been to be refunded plus the 
prime rate of interest, as determined by the commissioner, plus one 
percent.
	Sec. 82.104.  REMEDY CUMULATIVE.  The sanction authorized by 
this subchapter is in addition to any other sanction authorized by 
this code or other insurance law by this state, including any other 
law authorizing or requiring the payment of a refund.  This section 
does not authorize the commissioner to require a company to make 
more than one refund with respect to the same excessive premium.
	SECTION _____.02.  This article applies only to refund of 
premium billed on or after the effective date of this Act.  Premium 
billed before the effective date of this Act is governed by the law 
as it existed at the time the premium was billed.