84R420 KSD-D
By: Eltife S.B. No. 781
A BILL TO BE ENTITLED
AN ACT
relating to the purchase of certain insurance coverage and the
performance of related risk management services for certain
university systems and the component institutions of those systems.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 412.011, Labor Code, is amended by
amending Subsections (c) and (e) and adding Subsection (j) to read
as follows:
(c) The office shall:
(1) perform risk management for each state agency
subject to this chapter, except to any extent limited by Subsection
(j) [Chapter 412]; and
(2) purchase insurance coverage under any line of
insurance other than health or life insurance, including liability
insurance authorized under Chapter 612, Government Code, for a
state agency subject to Chapter 501, except for:
(A) an institution subject to Section 501.022; or
(B) a university system or component institution
of a university system that has elected to purchase insurance
coverage under Subsection (j)[, under any line of insurance other
than health or life insurance, including liability insurance
authorized under Chapter 612, Government Code].
(e) A state agency subject to Chapter 501, except for an
institution subject to Section 501.022 or a university system or
component institution of the university system that has elected to
purchase insurance coverage under Subsection (j), may not purchase
property, casualty, or liability insurance coverage without the
approval of the board.
(j) The Texas State University System or a component
institution of that system may purchase property, casualty, or
liability insurance coverage without the approval of the board,
provided that the system or institution, as applicable, notifies
the office of the intended purchase in the manner and within the
time prescribed under Section 412.051(b). The office may perform
risk management services related to insurance coverage purchased
without board approval under this subsection only on request of the
purchasing university system or institution, as applicable.
SECTION 2. This Act takes effect immediately if it receives
a vote of two-thirds of all the members elected to each house, as
provided by Section 39, Article III, Texas Constitution. If this
Act does not receive the vote necessary for immediate effect, this
Act takes effect September 1, 2015.