TX HB2473

Creates the Emergency Residential Property Insurance Premium Relief Program and Fund, administered by the Texas Department of Insurance, to help homeowners with delinquent insurance premium payments

Establishes a separate Emergency Association Premium Relief Program and Fund specifically for policyholders of the Texas Windstorm Insurance Association (TWIA)

Limits eligibility to homeowners whose residence homestead has an appraised value of $2 million or less and who have experienced economic hardship with at least one delinquent premium payment

Restricts policyholders to receiving only one program payment, with funds paid directly to the insurer or association to cover all delinquent premium amounts

Requires the Insurance Commissioner to determine eligibility within 30 days of application and to adopt rules establishing standardized application processes, deadlines, and compliance monitoring procedures