By: Paul (Senate Sponsor - Taylor) H.B. No. 3564
(In the Senate - Received from the House May 3, 2021;
May 10, 2021, read first time and referred to Committee on Business &
Commerce; May 19, 2021, rereferred to Committee on Jurisprudence;
May 21, 2021, reported favorably by the following vote: Yeas 5,
Nays 0; May 21, 2021, sent to printer.)
Click here to see the committee vote
A BILL TO BE ENTITLED
AN ACT
relating to the authority of the Texas Department of Insurance to
rescind a certificate of compliance issued for an improvement for
purposes of coverage through the Texas Windstorm Insurance
Association.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 2210.2515(k), Insurance Code, is amended
to read as follows:
(k) The department may not rescind a certificate of
compliance after issuing the certificate [issued] under this
section [if the department finds that the improvement does not
comply with the applicable building code under the plan of
operation]. [The commissioner may adopt rules as necessary to
implement this subsection.]
SECTION 2. The change in law made by this Act applies to a
certificate of compliance that is in effect or issued on or after
the effective date of this Act.
SECTION 3. This Act takes effect immediately if it receives
a vote of two-thirds of all the members elected to each house, as
provided by Section 39, Article III, Texas Constitution. If this
Act does not receive the vote necessary for immediate effect, this
Act takes effect September 1, 2021.
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