| Old | New | Differences | |
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| 1 | 1 | By: Schwertner S.B. No. 1810 | |
| 2 | - | ||
| 3 | - | ||
| 2 | + | (In the Senate - Filed March 3, 2025; March 13, 2025, read | |
| 3 | + | first time and referred to Committee on Business & Commerce; | |
| 4 | + | April 2, 2025, reported adversely, with favorable Committee | |
| 5 | + | Substitute by the following vote: Yeas 11, Nays 0; April 2, 2025, | |
| 6 | + | sent to printer.) | |
| 7 | + | Click here to see the committee vote | |
| 8 | + | COMMITTEE SUBSTITUTE FOR S.B. No. 1810 By: Schwertner | |
| 4 | 9 | ||
| 5 | 10 | ||
| 6 | 11 | A BILL TO BE ENTITLED | |
| 7 | 12 | AN ACT | |
| 8 | 13 | relating to annual statistical reports for fixing title insurance | |
| 9 | 14 | premium rates. | |
| 10 | 15 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
| 11 | 16 | SECTION 1. Section 2703.153, Insurance Code, is amended by | |
| 12 | - | adding Subsections (a-1) | |
| 17 | + | adding Subsections (a-1) and (c-1) to read as follows: | |
| 13 | 18 | (a-1) The department shall issue a call for the statistical | |
| 14 | 19 | report data required under Subsection (a): | |
| 15 | 20 | (1) to each title insurance agent, not later than | |
| 16 | 21 | March 1 of each year for a statistical report due to the department | |
| 17 | 22 | on May 1; and | |
| 18 | 23 | (2) to each title insurance company, not later than | |
| 19 | 24 | April 1 of each year for a statistical report due to the department | |
| 20 | 25 | on June 1. | |
| 21 | 26 | (c-1) The department shall publish on the department's | |
| 22 | 27 | Internet website a compilation report summarizing the statistical | |
| 23 | 28 | reports submitted under Subsection (a): | |
| 24 | 29 | (1) from all title insurance agents, not later than | |
| 25 | 30 | October 1 of each year; and | |
| 26 | 31 | (2) from all title insurance companies, not later than | |
| 27 | 32 | November 1 of each year. | |
| 28 | - | (c-2) The compilation report required by Subsection (c-1) | |
| 29 | - | shall include the loss experience, expenses of operation, premiums, | |
| 30 | - | and other material matters submitted under Subsection (a). | |
| 31 | 33 | SECTION 2. The changes in law made by this Act apply only to | |
| 32 | 34 | a statistical report filed on or after January 1, 2026. | |
| 33 | 35 | SECTION 3. This Act takes effect September 1, 2025. | |
| 36 | + | * * * * * |