86R11516 JES-F
By: J. Johnson of Dallas H.B. No. 2373
A BILL TO BE ENTITLED
AN ACT
relating to the required amount of personal injury protection
coverage.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 1952.153, Insurance Code, is amended to
read as follows:
Sec. 1952.153. MAXIMUM REQUIRED AMOUNT OF PERSONAL INJURY
PROTECTION. This subchapter does not require an insurer to provide
personal injury protection coverage in an amount that exceeds
$5,000 [$2,500] for all benefits, in the aggregate, for each
person.
SECTION 2. This Act applies only to an insurance policy or
contract that is delivered, issued for delivery, or renewed on or
after January 1, 2020. An insurance policy or contract delivered,
issued for delivery, or renewed before January 1, 2020, is governed
by the law as it existed immediately before the effective date of
this Act, and that law is continued in effect for that purpose.
SECTION 3. This Act takes effect September 1, 2019.