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Amend SB 310, in SECTION 1 of the bill, as follows:
(1) In Subsection (f), Section 3, Article 5.141, Insurance Code (Committee printing page 2, line 25), strike "before June 1,
2003" and substitute "not later than the 30th day after the
effective date of this article".
(2)(a) Strike Subsections (a) and (b), Section 5, Article
5.141, Insurance Code (Committee printing page 2, lines 40-53), and
substitute the following:
(a) Information filed by an insurer with the department
under this article that is confidential under a law that applied to
the insurer before the effective date of this article remains
confidential and is not subject to disclosure under Chapter 552,
Government Code, except that the information may be disclosed as
provided by Section 552.008, Government Code, relating to
information for legislative purposes. The information may not be
released to the public except in summary form in the report required
under Section 6 of this article.
(b) Reletter subsequent subsections and cross-references
accordingly.
(3) In Subsection (d), Section 5, Article 5.141, Insurance
Code (Committee printing page 3, lines 5-6), strike "as provided by
Subsection (a) of this section".
(4) In Subsection (d), Section 5, Article 5.141, Insurance
Code (Committee printing page 3, line 6), between "Confidential
information" and "that is", insert "described by Subsection (a) of
this section".
(5) In Article 5.141, Insurance Code, add the following new
Section 7 and renumber existing sections accordingly:
Sec. 7. NOTIFICATION; NONCOMPLIANCE. The commissioner
shall notify the governor, the lieutenant governor, the speaker of
the house of representatives, and the members of the legislature of
the names of the insurers whom the commissioner requested to make
the rate filings under this article and the names of the insurers
who did not respond in whole or in part to the commissioner's
request. This notification shall be made by separate letter on the
fourth day following the date on which the commissioner determines
the filing is due under Section 3(g) of this article.