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A BILL TO BE ENTITLED
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AN ACT
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relating to an optional premium discount for certain |
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resource-efficient buildings. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. The heading of Subchapter A, Chapter 2006, |
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Insurance Code, as effective April 1, 2007, is amended to read as |
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follows: |
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SUBCHAPTER A. OPTIONAL PREMIUM DISCOUNT FOR CERTAIN STRUCTURES |
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[USE OF INSULATING CONCRETE FORM SYSTEM] |
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SECTION 2. Section 2006.001, Insurance Code, as effective |
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April 1, 2007, is amended by adding Subdivision (1-a) to read as |
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follows: |
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(1-a) "High-performance building" means a structure |
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that is designed, constructed, renovated, and operated in a |
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resource-efficient manner. |
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SECTION 3. The heading of Section 2006.002, Insurance Code, |
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as effective April 1, 2007, is amended to read as follows: |
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Sec. 2006.002. OPTIONAL PREMIUM DISCOUNT: INSULATING |
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CONCRETE FORM SYSTEM. |
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SECTION 4. Subchapter A, Chapter 2006, Insurance Code, as |
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effective April 1, 2007, is amended by adding Section 2006.0025 to |
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read as follows: |
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Sec. 2006.0025. OPTIONAL PREMIUM DISCOUNT: |
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HIGH-PERFORMANCE BUILDING. (a) In accordance with the rules |
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adopted by the commissioner under this subchapter, an insurer may |
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grant to an applicant a discount in the applicant's property |
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insurance premiums for insured property on receipt of written |
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verification from the applicant that a covered structure is a |
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high-performance building. |
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(b) The commissioner by rule shall prescribe the |
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requirements for determining that a structure is a high-performance |
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building. The requirements may address: |
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(1) energy conservation and the use of renewable |
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energy; |
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(2) water conservation; |
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(3) use of recyclable or reclaimed materials; |
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(4) protection of the health of building occupants; |
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(5) improvement of the work productivity of building |
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occupants; |
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(6) improvement in the durability of the structure; |
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and |
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(7) reduction of the overall environmental impact of |
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the structure. |
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(c) Verification under this section must comply with the |
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requirements prescribed by the commissioner. |
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SECTION 5. This Act applies only to an insurance policy that |
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is delivered, issued for delivery, or renewed on or after January 1, |
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2008. A policy that is delivered, issued for delivery, or renewed |
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before January 1, 2008, is governed by the law as it existed |
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immediately before the effective date of this Act, and that law is |
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continued in effect for that purpose. |
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SECTION 6. This Act takes effect September 1, 2007. |