By:  Cook of Colorado (Senate Sponsor - Armbrister)               H.B. No. 2171
	(In the Senate - Received from the House April 18, 2005; 
April 19, 2005, read first time and referred to Committee on 
Business and Commerce; May 5, 2005, reported favorably by the 
following vote:  Yeas 7, Nays 0; May 5, 2005, sent to printer.)

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.
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