By: Paul (Senate Sponsor - Eltife) H.B. No. 3911
(In the Senate - Received from the House April 27, 2015;
May 4, 2015, read first time and referred to Committee on Business
and Commerce; May 12, 2015, reported favorably by the following
vote: Yeas 7, Nays 0; May 12, 2015, sent to printer.)
Click here to see the committee vote
COMMITTEE VOTE
YeaNayAbsentPNV
EltifeX
CreightonX
EllisX
HuffinesX
SchwertnerX
SeligerX
TaylorofGalvestonX
WatsonX
WhitmireX
A BILL TO BE ENTITLED
AN ACT
relating to the appointment by insurers, health maintenance
organizations, and their agents of holders of a temporary agent's
license.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 4001.162, Insurance Code, is amended to
read as follows:
Sec. 4001.162. RESTRICTION ON APPOINTMENT OF TEMPORARY
LICENSE HOLDERS. (a) Except as provided by Subsection (b), an [An]
agent, insurer, or health maintenance organization may not appoint
more than 500 temporary license holders during a calendar year.
(b) The commissioner shall adopt reasonable rules setting
standards for an agent, insurer, or health maintenance organization
to appoint more than 500 temporary license holders during a
calendar year. The standards must include consideration of the
ability of an agent, insurer, or health maintenance organization to
monitor appointed temporary agents.
SECTION 2. This Act takes effect September 1, 2015.
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