Bill Amendment: TX SB796 | 2023-2024 | 88th Legislature

Texas Senate Bill 796

NOTE: For additional amemendments please see the Bill Drafting List

Bill Title: Relating to arbitration provisions in surplus lines insurance contracts.

Status: 2023-06-17 - Vetoed by the Governor [SB796 Detail]

Download: Texas-2023-SB796-House_Amendment_H_2_1-Johnson_Ann.html

Amend CSSB 796 (house committee printing) as follows:

(1) On page 1, strike lines 11 through 13, and substitute the following:

laws of this state. This subsection may not be construed as a defense to the enforcement of:

(1) an arbitration agreement that complies with or has been reformed to comply with this subsection; or

(2) an award made under an agreement described by Subdivision (1).

(2) On page 1, lines 15 through 17, strike "a surplus lines insurance contract delivered, issued for delivery, or renewed on or after January 1, 2024." and substitute "an arbitration commenced on or after the effective date of this Act.".