1 | 1 | | By: Torres (Senate Sponsor - Van de Putte) H.B. No. 2172 |
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2 | 2 | | (In the Senate - Received from the House May 6, 2011; |
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3 | 3 | | May 9, 2011, read first time and referred to Committee on State |
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4 | 4 | | Affairs; May 17, 2011, reported adversely, with favorable |
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5 | 5 | | Committee Substitute by the following vote: Yeas 9, Nays 0; |
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6 | 6 | | May 17, 2011, sent to printer.) |
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7 | 7 | | COMMITTEE SUBSTITUTE FOR H.B. No. 2172 By: Van de Putte |
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8 | 8 | | |
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9 | 9 | | |
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10 | 10 | | A BILL TO BE ENTITLED |
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11 | 11 | | AN ACT |
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12 | 12 | | relating to the eligibility of certain children under group life |
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13 | 13 | | insurance policies. |
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14 | 14 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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15 | 15 | | SECTION 1. Section 1131.802, Insurance Code, is amended to |
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16 | 16 | | read as follows: |
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17 | 17 | | Sec. 1131.802. EXTENSION OF GROUP LIFE INSURANCE TO SPOUSES |
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18 | 18 | | AND CHILDREN; ELIGIBLE CHILDREN. Insurance under a group life |
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19 | 19 | | insurance policy may be extended to cover: |
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20 | 20 | | (1) the spouse of each individual eligible to be |
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21 | 21 | | insured under the policy; |
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22 | 22 | | (2) a natural or adopted child of each individual |
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23 | 23 | | eligible to be insured under the policy if the child is: |
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24 | 24 | | (A) [unmarried and] younger than 25 years of age |
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25 | 25 | | or an older age stated in the policy; or |
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26 | 26 | | (B) physically or mentally disabled and under the |
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27 | 27 | | parents' supervision; or |
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28 | 28 | | (3) a natural or adopted grandchild of each individual |
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29 | 29 | | eligible to be insured under the policy if the child is[: |
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30 | 30 | | [(A) unmarried; |
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31 | 31 | | [(B)] younger than 25 years of age or an older age |
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32 | 32 | | stated in the policy [; and |
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33 | 33 | | [(C) a dependent of the insured for federal |
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34 | 34 | | income tax purposes at the time the application for coverage of the |
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35 | 35 | | child is made]. |
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36 | 36 | | SECTION 2. The change in law made by this Act applies only |
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37 | 37 | | to an insurance policy that is delivered, issued for delivery, |
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38 | 38 | | renewed, or amended on or after January 1, 2012. A policy that is |
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39 | 39 | | delivered, issued for delivery, renewed, or amended before January |
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40 | 40 | | 1, 2012, is governed by the law as it existed immediately before the |
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41 | 41 | | effective date of this Act, and that law is continued in effect for |
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42 | 42 | | that purpose. |
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43 | 43 | | SECTION 3. This Act takes effect September 1, 2011. |
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44 | 44 | | * * * * * |
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