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TX HB5587

Bill

Official Source

Status

Introduced

3/14/2025

Primary Sponsor

Terri Leo-Wilson

Click for details

Origin

House of Representatives

89th Legislature Regular Session

AI Summary

  • Changes the annual deadline for the Texas Windstorm Insurance Association (TWIA) to file proposed manual rates with the Texas Department of Insurance from August 15 to September 15

  • Applies to manual rate filings for all types and classes of risks written by the association

  • Takes effect immediately upon receiving a two-thirds vote from both chambers of the legislature

  • If two-thirds vote is not achieved, the act takes effect September 1, 2025

Legislative Description

Relating to the deadline of a manual rate filing by the Texas Windstorm Insurance Association.

Insurance

Last Action

Referred to Insurance

4/7/2025

Committee Referrals

Insurance4/7/2025

Full Bill Text

No bill text available