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A BILL TO BE ENTITLED
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AN ACT
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relating to the location of the headquarters of the Texas Windstorm |
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Insurance Association. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter B, Chapter 2210, Insurance Code, is |
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amended by adding Section 2210.063 to read as follows: |
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Sec. 2210.063. LOCATION OF ASSOCIATION HEADQUARTERS. The |
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headquarters of the association must be located in a first tier |
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coastal county or second tier coastal county. |
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SECTION 2. Section 2210.063, Insurance Code, as added by |
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this Act, applies to the Texas Windstorm Insurance Association |
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beginning on January 1, 2023. |
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SECTION 3. This Act takes effect on the 91st day after the |
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last day of the legislative session. |