TX SB2077

Modifies disqualification criteria for Texas Mutual Insurance Company board members by narrowing the family relationship restriction from second degree to first degree by consanguinity or affinity

Removes the prohibition on individuals residing in the same household as someone with disqualifying connections from serving on the board

Disqualifies individuals or their first-degree relatives who are licensed insurance agents, serve in any capacity for insurers writing workers' compensation insurance in Texas, or have ownership/financial interests in such insurers

Allows current board members serving before the effective date to complete their terms regardless of the new qualification requirements

Takes effect immediately with a two-thirds vote of both chambers, or September 1, 2025, if that threshold is not met; passed Senate 30-0 on April 16, 2025, and House 122-0 on May 2, 2025