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Amend Floor Amendment No. 6 by P. King to SB 759 as follows:
(1) On page 2, between lines 7 and 8, insert the following new subsection, appropriately lettered, and reletter subsections of Section 222.002, Insurance Code, and cross-references to those subsections, accordingly:
( ) Except as provided by this subsection, any tax savings realized under this section by an entity described by Section 222.001 must be passed through to the entity's policyholders or enrollees in the form of reduced premiums. Any refund or credit received under this section by an entity described by Section 222.001 must be paid by the entity to the entity's policyholders or enrollees. The commissioner shall adopt rules to implement this subsection.
(2) On page 3, between lines 1 and 2, insert the following new subsection, appropriately lettered, and reletter subsections of Section 257.003, Insurance Code, and cross-references to those subsections, accordingly:
( ) Except as provided by this subsection, any tax savings realized under this section by an entity described by Section 257.001 must be passed through to the entity's policyholders or enrollees in the form of reduced premiums. Any refund or credit received under this section by an entity described by Section 257.001 must be paid by the entity to the entity's policyholders or enrollees. The commissioner shall adopt rules to implement this subsection.