Bill Text: TX HB3123 | 2019-2020 | 86th Legislature | Introduced
Bill Title: Relating to flood insurance coverage requirements for insurance policies issued by the Texas Windstorm Insurance Association.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2019-04-09 - Left pending in committee [HB3123 Detail]
Download: Texas-2019-HB3123-Introduced.html
86R12510 JES-D | ||
By: Middleton | H.B. No. 3123 |
|
||
|
||
relating to flood insurance coverage requirements for insurance | ||
policies issued by the Texas Windstorm Insurance Association. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 2210.203, Insurance Code, is amended by | ||
adding Subsection (a-2) to read as follows: | ||
(a-2) Notwithstanding Subsection (a-1), the association may | ||
not require as a condition for issuing or renewing an insurance | ||
policy for a residential property that the applicant provide | ||
evidence that the property is covered by a flood insurance policy. | ||
SECTION 2. The change in law made by this Act applies only | ||
to an application for initial insurance coverage or a renewal of | ||
insurance coverage submitted to the Texas Windstorm Insurance | ||
Association on or after the effective date of this Act. | ||
SECTION 3. This Act takes effect September 1, 2019. |