H.B. No. 3952
AN ACT
relating to suspension of the activities of the Texas Grain
Producer Indemnity Board.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subchapter G, Chapter 41, Agriculture Code, is
amended by adding Section 41.128 to read as follows:
Sec. 41.128. TEXAS GRAIN PRODUCER INDEMNITY BOARD. (a) The
Texas Grain Producer Indemnity Board is not abolished but is
inactive as provided by this section until reactivated under
Subsection (d).
(b) The terms of office of the members of the Texas Grain
Producer Indemnity Board expire, as determined by the commissioner,
on December 31, 2017, or when the board files the report under
Section 41.059(c) for the board's fiscal year that includes
September 1, 2017. That report is the board's final report unless
the board is reactivated under Subsection (d).
(c) While the board is inactive, the department shall
administer the grain producer indemnity fund. From money available
in the fund, the department shall pay all or part of any claims
under Subchapter I that the department determines are valid. When
the department determines that no potential claims remain, the
department shall refund any money remaining in the fund to grain
producers who paid an assessment under Section 41.206 on a pro rata
basis.
(d) The commissioner shall order the reactivation of the
Texas Grain Producer Indemnity Board if at least 200 grain
producers petition the commissioner to reactivate the board. If
the board is reactivated, the commissioner shall appoint board
members as provided by Section 41.204.
SECTION 2. This Act takes effect September 1, 2017.
______________________________ ______________________________
President of the Senate Speaker of the House
I certify that H.B. No. 3952 was passed by the House on May 4,
2017, by the following vote: Yeas 143, Nays 0, 2 present, not
voting.
______________________________
Chief Clerk of the House
I certify that H.B. No. 3952 was passed by the Senate on May
22, 2017, by the following vote: Yeas 31, Nays 0.
______________________________
Secretary of the Senate
APPROVED: _____________________
Date
_____________________
Governor