82R10417 NAJ-D
By: Eiland H.B. No. 2153
A BILL TO BE ENTITLED
AN ACT
relating to a fee collected by the Automobile Burglary and Theft
Prevention Authority.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 10, Article 4413(37), Revised Statutes,
is amended by amending Subsection (b) and adding Subsection (e) to
read as follows:
(b) An insurer shall pay to the authority a fee equal to $2
[$1] multiplied by the total number of motor vehicle years of
insurance for insurance policies delivered, issued for delivery, or
renewed by the insurer. The fee shall be paid not later than:
(1) March 1 of each year for a policy issued,
delivered, or renewed from July 1 through December 31 of the
previous calendar year; and
(2) August 1 of each year for a policy issued,
delivered, or renewed from January 1 through June 30 of that year.
(e) Fifty percent of each fee collected under Subsection (b)
may be appropriated only to the authority for the purposes of this
article.
SECTION 2. The change in law made by this Act applies only
to an insurance policy issued, delivered, or renewed on or after the
effective date of this Act. An insurance policy issued, delivered,
or renewed before the effective date of this Act is governed by the
law in effect on the date the insurance policy was issued,
delivered, or renewed, and the former law is continued in effect for
that purpose.
SECTION 3. This Act takes effect September 1, 2011.