Bill Text: TX HB2149 | 2017-2018 | 85th Legislature | Introduced
Bill Title: Relating to availability of audited financial reports of insurance companies on the Texas Department of Insurance website.
Sponsorship: Partisan Bill (Democrat 1)
Status: (Introduced - Dead) 2017-03-13 - Referred to Insurance [HB2149 Detail]
Download: Texas-2017-HB2149-Introduced.html
| 85R10680 PMO-D | ||
| By: Davis of Dallas | H.B. No. 2149 | |
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| relating to availability of audited financial reports of insurance | ||
| companies on the Texas Department of Insurance website. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Subchapter A, Chapter 401, Insurance Code, is | ||
| amended by adding Section 401.0041 to read as follows: | ||
| Sec. 401.0041. INTERNET ACCESS TO AUDITED FINANCIAL | ||
| REPORTS. (a) The department shall post on the department's | ||
| Internet website each audited financial report filed under Section | ||
| 401.004. | ||
| (b) The reports submitted under Subsection (a) must remain | ||
| on the department's Internet website until at least the third | ||
| anniversary of the date the report is submitted. | ||
| SECTION 2. Section 401.0041, Insurance Code, as added by | ||
| this Act, applies only to audited financial reports filed on or | ||
| after the effective date of this Act. | ||
| SECTION 3. This Act takes effect September 1, 2017. | ||
