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A BILL TO BE ENTITLED
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AN ACT
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relating to the required amount of personal injury protection |
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coverage. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 1952.153, Insurance Code, is amended to |
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read as follows: |
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Sec. 1952.153. MAXIMUM REQUIRED AMOUNT OF PERSONAL INJURY |
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PROTECTION. This subchapter does not require an insurer to provide |
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personal injury protection coverage in an amount that exceeds |
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$5,000 [$2,500] for all benefits, in the aggregate, for each |
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person. |
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SECTION 2. This Act applies only to an insurance policy or |
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contract that is delivered, issued for delivery, or renewed on or |
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after January 1, 2020. An insurance policy or contract delivered, |
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issued for delivery, or renewed before January 1, 2020, is governed |
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by the law as it existed immediately before the effective date of |
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this Act, and that law is continued in effect for that purpose. |
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SECTION 3. This Act takes effect September 1, 2019. |