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A BILL TO BE ENTITLED
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AN ACT
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relating to a presentation by the commissioner of insurance on the |
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National Association of Insurance Commissioners accreditation |
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process and participation in the National Conference of Insurance |
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Legislators. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter A, Chapter 31, Insurance Code, is |
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amended by adding Section 31.008 to read as follows: |
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Sec. 31.008. PARTICIPATION IN NATIONAL CONFERENCE OF |
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INSURANCE LEGISLATORS. The department shall pay annually from |
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department funds the costs of: |
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(1) the state's membership in the National Conference |
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of Insurance Legislators; and |
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(2) full participation in the National Conference of |
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Insurance Legislators by the chairs and ranking members of the |
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standing committees of the senate and the house of representatives |
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with primary jurisdiction over insurance or finance. |
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SECTION 2. Subchapter B, Chapter 31, Insurance Code, is |
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amended by adding Section 31.029 to read as follows: |
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Sec. 31.029. PRESENTATION ON NATIONAL ASSOCIATION OF |
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INSURANCE COMMISSIONERS ACCREDITATION PROCESS. (a) Except as |
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provided by Subsection (e), during the first year of each state |
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fiscal biennium, the commissioner shall provide to each standing |
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committee of the senate and the house of representatives with |
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primary jurisdiction over insurance, or if determined by rules of |
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those standing committees, each standing committee of the senate |
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and the house of representatives with primary jurisdiction over |
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finance, a presentation regarding the accreditation process for the |
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National Association of Insurance Commissioners. |
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(b) The presentation must: |
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(1) provide an overview of the role of delegation of |
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legislative authority for policy development in the National |
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Association of Insurance Commissioners accreditation process; |
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(2) explain how state laws incorporate National |
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Association of Insurance Commissioners accreditation standards or |
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incorporate rules, standards, and processes by reference, and |
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provide citations to those laws; |
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(3) identify in a separate format each provision of |
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law that may authorize future changes by the National Association |
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of Insurance Commissioners to be adopted without additional |
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authorization by the legislature, highlighting any future |
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delegation authority in the laws or rules of this state; and |
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(4) provide an overview of the minimum National |
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Association of Insurance Commissioners accreditation standards |
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relating to: |
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(A) laws and regulations; |
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(B) regulatory practices and procedures; and |
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(C) organizations and personnel practices. |
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(c) The overview presented under Subsection (b)(4) must |
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include: |
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(1) summaries of the specific laws and rules that the |
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accreditation standard specifies; |
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(2) the intended purpose of each accreditation |
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standard; |
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(3) the date that the accreditation standard was |
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adopted by the National Association of Insurance Commissioners and |
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the date that the standard was adopted in this state; and |
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(4) any change to the accreditation standards since |
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the last presentation to the legislature. |
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(d) The commissioner may make the presentation at a joint |
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hearing of the applicable committees under Subsection (a). |
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(e) Instead of providing the presentation required under |
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Subsection (a), the department may coordinate with the National |
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Association of Insurance Commissioners to conduct a training |
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session that contains the same information required under |
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Subsection (b) that is specific to the laws of this state during a |
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National Association of Insurance Commissioners meeting. |
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(f) If the department exercises the option under Subsection |
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(e), the department shall pay from funds the costs associated with |
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registration and reimbursement for reasonable food, travel, and |
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lodging for two committee members from the standing committee of |
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the senate with primary jurisdiction over insurance, two committee |
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members from the standing committee of the house of representatives |
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with primary jurisdiction over insurance, and one committee member |
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from the standing committee of each chamber with primary |
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jurisdiction over appropriations to attend the meeting. |
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SECTION 3. The commissioner of insurance shall provide the |
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first presentation required under Section 31.029, Insurance Code, |
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as added by this Act, not later than September 1, 2020. |
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SECTION 4. This Act takes effect September 1, 2019. |