|
|
|
A BILL TO BE ENTITLED
|
|
AN ACT
|
|
relating to rulemaking authority for administrative penalties |
|
assessed for violations of the Insurance Code. |
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
SECTION 1. Subchapter A, Chapter 84, Insurance Code, is |
|
amended by adding Section 84.004 to read as follows: |
|
Sec. 84.004. RULEMAKING AUTHORITY. (a) The commissioner |
|
may adopt and enforce reasonable rules that the commissioner |
|
determines necessary to accomplish the purposes of this chapter. |
|
(b) The commissioner may establish by rule the amount of an |
|
administrative penalty to be imposed under Section 84.022 for a |
|
specific violation. |
|
(c) The existence or absence of a rule adopted under this |
|
chapter does not limit the commissioner's authority to take any |
|
action authorized by law. |
|
SECTION 2. 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, 2009. |