Bill Text: TX HB156 | 2021 | 87th Legislature 1st Special Session | Introduced
Bill Title: Relating to the administration of the Texas Windstorm Insurance Association.
Sponsorship: Moderate Partisan Bill (Republican 4-1)
Status: (Introduced - Dead) 2021-07-08 - Filed [HB156 Detail]
Download: Texas-2021-HB156-Introduced.html
| By: Middleton | H.B. No. 156 | |
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| relating to the administration of the Texas Windstorm Insurance | ||
| Association. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Subchapter B, Chapter 2210, Insurance Code, is | ||
| amended by adding Section 2210.063 to read as follows: | ||
| Sec. 2210.063. LOCATION OF ASSOCIATION HEADQUARTERS. The | ||
| headquarters of the association must be located in a first tier | ||
| coastal county or second tier coastal county. | ||
| SECTION 2. Section 2210.063, Insurance Code, as added by | ||
| this Act, applies to the Texas Windstorm Insurance Association | ||
| beginning on January 1, 2023. | ||
| 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 on the 91st day after the last day of the | ||
| legislative session. | ||
