Texas 2025 89th Regular

Texas House Bill HB5587 Introduced / Bill

Filed 03/14/2025

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                    By: Leo Wilson H.B. No. 5587




 A BILL TO BE ENTITLED
 AN ACT
 relating to the deadline of a manual rate filing by the Texas
 Windstorm Insurance Association.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Sec. 2210.352(a), Insurance Code, is amended to
 read as follows:
 (a)  Not later than September [August] 15 of each year, the
 association shall file with the department a proposed manual rate
 for all types and classes of risks written by the association.
 SECTION 2.  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, 2025.