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By: Darby, et al. |
H.B. No. 3126 |
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(Senate Sponsor - Zaffirini, et al.) |
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(In the Senate - Received from the House April 29, 2025; |
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April 30, 2025, read first time and referred to Committee on |
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Education K-16; May 16, 2025, reported adversely, with favorable |
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Committee Substitute by the following vote: Yeas 11, Nays 0; |
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May 16, 2025, sent to printer.) |
| Click here to see the committee vote |
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COMMITTEE SUBSTITUTE FOR H.B. No. 3126 |
By: Menéndez |
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A BILL TO BE ENTITLED
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AN ACT
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relating to the election of certain entities to participate in the |
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uniform group coverage program for active school employees; |
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imposing a fee. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter D, Chapter 1579, Insurance Code, is |
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amended by adding Section 1579.1551 to read as follows: |
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Sec. 1579.1551. PROGRAM PARTICIPATION BY CERTAIN ENTITIES. |
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(a) This section applies to an entity that discontinued |
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participation in the program effective on September 1, 2022, in |
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accordance with Section 1579.155(a). |
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(b) Notwithstanding Section 1579.155(b), an entity to which |
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this section applies may elect to participate in the program before |
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the fifth anniversary of the effective date of the entity's |
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election to discontinue participation in the program if the entity: |
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(1) provides written notice to the trustee not later |
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than December 31, 2025, of the entity's election to participate in |
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the program effective beginning September 1, 2026; and |
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(2) complies with any other requirements established |
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by the trustee for program participation. |
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(c) For the plan year beginning September 1, 2026, the |
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trustee shall impose a risk stabilization fee in an amount |
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determined by the trustee on the premiums of an entity to which this |
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section applies. |
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(d) An entity that elects to participate in the program in |
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accordance with this section may not elect to discontinue |
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participation until September 1, 2031. |
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(e) The trustee by rule may impose additional requirements, |
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conditions, and deadlines with which an entity to which this |
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section applies must comply to elect to participate in the program |
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in accordance with this section. |
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(f) This section expires September 1, 2031. |
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SECTION 2. This Act takes effect September 1, 2025. |
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* * * * * |