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Amend Floor Amendment No. 1 to HB 3107, by inserting the
following SECTION in the bill, appropriately numbered, and
renumbering the SECTIONS of the bill accordingly:
SECTION ___. EFFECT OF SECTION 2 OF THIS ACT ON CERTAIN FUNDS
OF TEXAS WINDSTORM INSURANCE ASSOCIATION. Section 2 of this Act
does not apply to any fund, account, or dedication of revenue that
is created or re-created by House Bill No. 2960, Acts of the 80th
Legislature, Regular Session, 2007, or to which House Bill No. 2960
refers, including:
(1) the catastrophe reserve trust fund created under
Subchapter J, Chapter 2210, Insurance Code;
(2) the dedicated trust fund created under Section
2210.607, Insurance Code, as added by H.B. No. 2960; and
(3) premium surcharges collected by the Texas
Windstorm Insurance Association under Section 2210.058, Insurance
Code, as amended by H.B. No. 2960.