Texas 2021 - 87th Regular

Texas House Bill HB2904 Compare Versions

Only one version of the bill is available at this time.
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11 87R6836 SMT-D
22 By: Israel H.B. No. 2904
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55 A BILL TO BE ENTITLED
66 AN ACT
77 relating to rate filing requirements for certain personal
88 automobile insurers with low market share.
99 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1010 SECTION 1. Section 2251.1025, Insurance Code, is repealed.
1111 SECTION 2. The change in law made by this Act applies only
1212 to a rate for a personal automobile insurance policy that is
1313 delivered, issued for delivery, or renewed on or after January 1,
1414 2022. A rate for a personal automobile insurance policy delivered,
1515 issued for delivery, or renewed before January 1, 2022, is governed
1616 by the law as it existed immediately before the effective date of
1717 this Act, and that law is continued in effect for that purpose.
1818 SECTION 3. This Act takes effect September 1, 2021.