Bill Text: TX HB2071 | 2015-2016 | 84th Legislature | Comm Sub
Bill Title: Relating to payment of covered claims based on assignment.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2015-05-12 - Placed on General State Calendar [HB2071 Detail]
Download: Texas-2015-HB2071-Comm_Sub.html
| 84R24327 LED-F | |||
| By: Workman | H.B. No. 2071 | ||
| Substitute the following for H.B. No. 2071: | |||
| By: Vo | C.S.H.B. No. 2071 | ||
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| relating to payment of covered claims based on assignment. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 462.202, Insurance Code, is amended by | ||
| adding Subsection (c) to read as follows: | ||
| (c) A person has a covered claim under this chapter if the | ||
| person holds a valid assignment of a covered claim for unearned | ||
| premiums under Subsections (a) and (b). | ||
| 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, 2015. | ||
