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


Office of House Bill AnalysisH.B. 2252
By: Eiland
Insurance
3/23/1999
Introduced



BACKGROUND AND PURPOSE 

Currently, Section 8(h)(10), Article 21.49, Insurance Code, provides that
the filing of a rate change for commercial windstorm insurance may not vary
by 15 percent from the rate in effect on September 1, 1995.  Absent
legislative action this provision will expire on January 1, 2001.  H.B.
2252 keeps the 15 percent limitation by deleting the expiration date. 

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
delete the provision that this Subdivision expires January 1, 2001. 

SECTION 2.  Effective date: September 1, 1999.

SECTION 3.  Emergency clause.