HBA-NIK C.S.H.B. 2252 76(R)BILL ANALYSIS Office of House Bill AnalysisC.S.H.B. 2252 By: Eiland Insurance 4/30/1999 Committee Report (Substituted) 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. C.S.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. COMPARISON OF ORIGINAL TO SUBSTITUTE C.S.H.B. 2252 modifies SECTION 1 of the original bill by modifying text deleted in the original bill to provide that this subdivision expires January 1, 2003, rather than 2001, under specified conditions.