HBA-TYH, NIK H.B. 2252 76(R)BILL ANALYSIS


Office of House Bill AnalysisH.B. 2252
By: Eiland
Insurance
7/8/1999
Enrolled



BACKGROUND AND PURPOSE 

Prior to the 76th Legislature, Section 8(h)(10), Article 21.49, Insurance
Code, provided that the filing of a rate change for commercial windstorm
insurance may not vary by more than 15 percent from the rate in effect on
September 1, 1995.  Without legislative action, this provision would have
expired on January 1, 2001.  H.B. 2252 keeps the 15 percent limitation by
changing the expiration date to January 1, 2003. 

RULEMAKING AUTHORITY

It is the opinion of the Office of House Bill Analysis that this bill does
not expressly delegate any additional rulemaking authority to a state
officer, department, agency, or institution. 

SECTION BY SECTION ANALYSIS

SECTION 1.  Amends Section 8(h)(10), Article 21.49, Insurance Code, to
provide that this subdivision expires January 1, 2003, rather than 2001,
under specified conditions. 

SECTION 2.  Effective date: September 1, 1999.

SECTION 3.  Emergency clause.