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SB 1012, 66th R.S.

Granting to any company participating in the operation of the Texas Catastrophe Property Insurance Association a premium tax credit for payment of its share of claims totaling more than $100 million in losses in the event that any occurrence or series of occurrences results in total losses in excess of that amount in a single calendar year; and amending the Texas Catastrophe Property Insurance Pool Act.

Last action: Effective on . . . . . . . . . .

Author: A.R. "Babe" Schwartz
Sponsor: Gene Green

Session Law Chapter:
Acts 1979, 66th R.S.,ch. 675, General and Special Laws of Texas

Bill Analyses:
Committee Report (House Study Group)

Subjects:
Insurance--Property & Casualty

House Committee: Insurance ()
Minutes: May 8 1979
Senate Committee: Economic Development ()
Minutes: April 26 1979

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