Bill Text: TX HB3502 | 2025-2026 | 89th Legislature | Introduced

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Bill Title: Relating to annual statistical reports for fixing title insurance premium rates.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced) 2025-02-27 - Filed [HB3502 Detail]

Download: Texas-2025-HB3502-Introduced.html

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89R13720 SCR-D
By: King H.B. No. 3502

A BILL TO BE ENTITLED
AN ACT
relating to annual statistical reports for fixing title insurance
premium rates.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 2703.153, Insurance Code, is amended by
adding Subsections (a-1) and (c-1) to read as follows:
(a-1) Not later than May 15 of each year, the department
shall issue a call to each title insurance company and title
insurance agent engaged in the business of title insurance for the
statistical report data required under Subsection (a).
(c-1) Not later than September 1 of each year, the
department shall publish on the department's Internet website a
compilation report summarizing the statistical reports submitted
under Subsection (a).
SECTION 2. The changes in law made by this Act apply only to
a statistical report filed on or after January 1, 2026.
SECTION 3. This Act takes effect September 1, 2025.