Bill Text: TX SB2008 | 2023-2024 | 88th Legislature | Enrolled
Bill Title: Relating to operating requirements for farm mutual insurance companies related to insurance in force on rural property.
Spectrum: Partisan Bill (Republican 4-0)
Status: (Passed) 2023-06-18 - Effective on 9/1/23 [SB2008 Detail]
Download: Texas-2023-SB2008-Enrolled.html
S.B. No. 2008 |
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relating to operating requirements for farm mutual insurance | ||
companies related to insurance in force on rural property. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 911.301, Insurance Code, is amended by | ||
amending Subsection (a) and adding Subsections (e) and (f) to read | ||
as follows: | ||
(a) In this section: | ||
(1) "Census year" means a year in which the United | ||
States Census Bureau conducts a federal decennial census. | ||
(2) "Rural[ |
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outside an area of land subject to the taxing authority of a | ||
municipality with a population of more than 6,500, adjusted in | ||
accordance with Subsection (e) [ |
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(e) On January 1 of the second year following a census year, | ||
the population limit described by Subsection (a)(2) increases or | ||
decreases by a percentage that is equal to the percentage increase | ||
or decrease in the population of this state from the previous | ||
decennial census. | ||
(f) Not later than November 1 of the year following a census | ||
year, the commissioner shall: | ||
(1) compute the new population limit in accordance | ||
with Subsection (e); and | ||
(2) publish the limit on the department's Internet | ||
website. | ||
SECTION 2. This Act takes effect September 1, 2023. | ||
______________________________ | ______________________________ | |
President of the Senate | Speaker of the House | |
I hereby certify that S.B. No. 2008 passed the Senate on | ||
May 3, 2023, by the following vote: Yeas 31, Nays 0. | ||
______________________________ | ||
Secretary of the Senate | ||
I hereby certify that S.B. No. 2008 passed the House on | ||
May 24, 2023, by the following vote: Yeas 136, Nays 2, one | ||
present not voting. | ||
______________________________ | ||
Chief Clerk of the House | ||
Approved: | ||
______________________________ | ||
Date | ||
______________________________ | ||
Governor |