Bill Text: TX SB856 | 2023-2024 | 88th Legislature | Introduced
Bill Title: Relating to an entity's election to participate in or discontinue participation in the uniform group coverage program for active school employees.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2023-03-01 - Referred to Education [SB856 Detail]
Download: Texas-2023-SB856-Introduced.html
88R6057 MEW-F | ||
By: Perry | S.B. No. 856 |
|
||
|
||
relating to an entity's election to participate in or discontinue | ||
participation in the uniform group coverage program for active | ||
school employees. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Sections 1579.155(a) and (c), Insurance Code, | ||
are amended to read as follows: | ||
(a) Effective September 1, 2022, a participating entity may | ||
elect to discontinue the entity's participation in the program by | ||
providing written notice to the trustee not later than May | ||
[ |
||
in which the election will be effective. | ||
(c) Effective September 1, 2022, an entity that elects to | ||
participate in the program shall provide written notice to the | ||
trustee not later than May [ |
||
first day of the plan year in which the election will be effective. | ||
The entity may not elect to discontinue the entity's participation | ||
until the fifth anniversary of the effective date of the entity's | ||
election to participate. | ||
SECTION 2. This Act takes effect September 1, 2023. |