79R7521 PB-F
By: Cook of Colorado H.B. No. 2171
A BILL TO BE ENTITLED
AN ACT
relating to the volunteer fire department self-insurance fund.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Sections 5(a) and (c), Article 21.61, Insurance
Code, are amended to read as follows:
(a) The volunteer fire department self-insurance fund is an
account in a depository selected by the board of regents of The
Texas A&M University System in the manner provided by Section
51.003, Education Code, for funds subject to the control of
institutions of higher education under Section 51.002, Education
Code [the general revenue fund].
(c) Money in the fund may be expended [in accordance with
legislative appropriation] only for:
(1) administration of this article, including the
salaries and expenses of staff for the program and the fund; or
(2) funding self-insurance under the program.
SECTION 2. The following are validated and confirmed in all
respects:
(1) the maintenance of the volunteer fire department
self-insurance fund established under Article 21.61, Insurance
Code, in a depository as otherwise allowed by law for funds subject
to the control of The Texas A&M University System or the Texas
Forest Service; and
(2) any act of The Texas A&M University System or the
Texas Forest Service relating to maintaining those funds in a
depository described by Subdivision (1) of this section.
SECTION 3. This Act takes effect immediately if it receives
a vote of two-thirds of all the members elected to each house, as
provided by Section 39, Article III, Texas Constitution. If this
Act does not receive the vote necessary for immediate effect, this
Act takes effect September 1, 2005.