BILL ANALYSIS

S.B. 1490

By: Zaffirini

Insurance

Committee Report (Unamended)

BACKGROUND AND PURPOSE

Interested parties note that certain provisions of the Insurance Code have not been updated to match the changes previously made to the rate regulatory system for automobile insurance. S.B. 1490 seeks to update a certain outdated statutory provision.

CRIMINAL JUSTICE IMPACT

It is the committee's opinion that this bill does not expressly create a criminal offense, increase the punishment for an existing criminal offense or category of offenses, or change the eligibility of a person for community supervision, parole, or mandatory supervision.

RULEMAKING AUTHORITY

It is the committee's opinion that this bill does not expressly grant any additional rulemaking authority to a state officer, department, agency, or institution.

ANALYSIS

S.B. 1490 amends the Insurance Code to change the amount of a premium surcharge an insurer writing automobile insurance in Texas must assess against an insured for no more than three years immediately following the date the insured is convicted of driving while intoxicated, intoxication assault, or intoxication manslaughter from an amount prescribed by the Texas Department of Insurance to an amount as stated in the insurer's rating plan.

EFFECTIVE DATE

September 1, 2017.