Old | New | Differences | |
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1 | 1 | 87R6836 SMT-D | |
2 | 2 | By: Israel H.B. No. 2904 | |
3 | 3 | ||
4 | 4 | ||
5 | 5 | A BILL TO BE ENTITLED | |
6 | 6 | AN ACT | |
7 | 7 | relating to rate filing requirements for certain personal | |
8 | 8 | automobile insurers with low market share. | |
9 | 9 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
10 | 10 | SECTION 1. Section 2251.1025, Insurance Code, is repealed. | |
11 | 11 | SECTION 2. The change in law made by this Act applies only | |
12 | 12 | to a rate for a personal automobile insurance policy that is | |
13 | 13 | delivered, issued for delivery, or renewed on or after January 1, | |
14 | 14 | 2022. A rate for a personal automobile insurance policy delivered, | |
15 | 15 | issued for delivery, or renewed before January 1, 2022, is governed | |
16 | 16 | by the law as it existed immediately before the effective date of | |
17 | 17 | this Act, and that law is continued in effect for that purpose. | |
18 | 18 | SECTION 3. This Act takes effect September 1, 2021. |