Bill Amendment: TX HB3255 | 2021-2022 | 87th Legislature

NOTE: For additional amemendments please see the Bill Drafting List

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Bill Title: Relating to capital stock requirements and rate filings for certain insurance companies.

Status: 2021-05-17 - Received from the House [HB3255 Detail]

Download: Texas-2021-HB3255-House_Amendment_H_3_1-Sanford.html

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Amend HB 3255 on third reading by adding the following appropriately numbered SECTION to the bill and renumbering subsequent SECTIONS of the bill accordingly: on page

SECTION ____.  Section 2251.052, Insurance Code, is amended by adding Subsection to read as follows:

(f)  Notwithstanding Section 1953.051(a), in setting rates, an insurer writing personal or commercial automobile insurance may include in a filing made under this chapter any rating rule, rate variable, or rate classification that a county mutual insurance company has filed and implemented under this chapter.