Bill Text: TX HB1226 | 2013-2014 | 83rd Legislature | Introduced
Bill Title: Relating to self-insurance funds established by governmental units.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2013-03-12 - Left pending in committee [HB1226 Detail]
Download: Texas-2013-HB1226-Introduced.html
| 83R6239 VOO-F | ||
| By: Smithee | H.B. No. 1226 | |
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| relating to self-insurance funds established by governmental | ||
| units. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 2259.031, Government Code, is amended by | ||
| adding Subsections (c), (d), and (e) to read as follows: | ||
| (c) The governmental unit may purchase reinsurance for a | ||
| risk covered through the fund. | ||
| (d) Any law, including a regulation, requiring insurance | ||
| may be satisfied by coverage provided through the fund. | ||
| (e) Any law, including a regulation, requiring a | ||
| certificate of insurance or an insurance agent's signature, | ||
| countersignature, or approval may be satisfied by a certificate of | ||
| coverage issued on behalf of the governmental unit demonstrating | ||
| that coverage is provided through the fund. | ||
| SECTION 2. This Act takes effect September 1, 2013. | ||
