Bill: HB 2920, 87(R) - 2021

Committee

House Insurance

2nd Chamber Committee

Senate Business and Commerce

Vote Recommendation

Vote Recommendation Economic Freedom Property Rights Personal Responsibility Limited Government Individual Liberty
Neutral Neutral Neutral Neutral Neutral Neutral

Author(s)

J.M. Lozano

Sponsor(s)

Kelly Hancock

Bill Caption

Relating to a grace period for payment of premiums on insurance policies renewed by the Texas Windstorm Insurance Association.

Fiscal Notes

No significant fiscal implication to the State is anticipated.


Bill Analysis

HB 2920 would require the Commissioner of Insurance to adopt rules establishing a grace period of not more than 10 days after the due date for the receipt of payment of a premium for the renewal of a windstorm insurance policy.


Vote Recommendation Notes

As HB 2920 does not pertain to the liberty principles, Texas Action is neutral on this bill.


Source URL (retrieved on 04/18/2024 12:04 PM): http://reports.texasaction.com/bill/87r/hb2920?print_view=true