86R25667 SMT-D
By: Lambert, Kacal, King of Hemphill, Shine, H.B. No. 3056
Bonnen of Galveston
Substitute the following for H.B. No. 3056:
By: Lucio III C.S.H.B. No. 3056
A BILL TO BE ENTITLED
AN ACT
relating to operating requirements for farm mutual insurance
companies related to insurance in force on rural property.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 911.301(a), Insurance Code, is amended
to read as follows:
(a) In this section, "rural property" means property
located in [outside an area of land subject to the taxing authority
of] a municipality with a population of 50,000 or less [more than
2,500].
SECTION 2. This Act takes effect September 1, 2019.