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AN ACT
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relating to confidentiality of reports and related information for |
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a solvency examination of an insurance carrier. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 401.058, Insurance Code, is amended by |
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amending Subsection (a) and adding Subsection (c) to read as |
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follows: |
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(a) A final or preliminary examination report and any |
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information obtained during an examination are confidential and |
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privileged for all purposes. This information is [are] not subject |
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to: |
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(1) disclosure under Chapter 552, Government Code; |
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(2) a subpoena, other than a grand jury subpoena; or |
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(3) discovery or admissibility in evidence in a civil |
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action. |
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(c) Subsection (a) does not limit the commissioner's |
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authority to use a final or preliminary examination report and any |
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information obtained during an examination in the furtherance of |
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any legal or regulatory action relating to the administration of |
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this code that the commissioner, in the commissioner's sole |
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discretion, considers appropriate. |
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SECTION 2. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2017. |
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______________________________ |
______________________________ |
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President of the Senate |
Speaker of the House |
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I certify that H.B. No. 2437 was passed by the House on April |
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25, 2017, by the following vote: Yeas 121, Nays 21, 2 present, not |
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voting; and that the House concurred in Senate amendments to H.B. |
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No. 2437 on May 19, 2017, by the following vote: Yeas 141, Nays 0, |
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1 present, not voting. |
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______________________________ |
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Chief Clerk of the House |
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I certify that H.B. No. 2437 was passed by the Senate, with |
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amendments, on May 15, 2017, by the following vote: Yeas 31, Nays |
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0. |
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______________________________ |
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Secretary of the Senate |
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APPROVED: __________________ |
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Date |
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__________________ |
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Governor |