Old | New | Differences | |
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1 | 1 | 86R12510 JES-D | |
2 | 2 | By: Middleton H.B. No. 3123 | |
3 | 3 | ||
4 | 4 | ||
5 | 5 | A BILL TO BE ENTITLED | |
6 | 6 | AN ACT | |
7 | 7 | relating to flood insurance coverage requirements for insurance | |
8 | 8 | policies issued by the Texas Windstorm Insurance Association. | |
9 | 9 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
10 | 10 | SECTION 1. Section 2210.203, Insurance Code, is amended by | |
11 | 11 | adding Subsection (a-2) to read as follows: | |
12 | 12 | (a-2) Notwithstanding Subsection (a-1), the association may | |
13 | 13 | not require as a condition for issuing or renewing an insurance | |
14 | 14 | policy for a residential property that the applicant provide | |
15 | 15 | evidence that the property is covered by a flood insurance policy. | |
16 | 16 | SECTION 2. The change in law made by this Act applies only | |
17 | 17 | to an application for initial insurance coverage or a renewal of | |
18 | 18 | insurance coverage submitted to the Texas Windstorm Insurance | |
19 | 19 | Association on or after the effective date of this Act. | |
20 | 20 | SECTION 3. This Act takes effect September 1, 2019. |