Bill Text: TX SCR26 | 2019-2020 | 86th Legislature | Introduced
Bill Title: Requesting the lieutenant governor and speaker to create a joint interim committee to study the use of incorporation by reference in the Texas Insurance Code.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2019-03-21 - Referred to Business & Commerce [SCR26 Detail]
Download: Texas-2019-SCR26-Introduced.html
86R14379 CLE-D | ||
By: Taylor | S.C.R. No. 26 |
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WHEREAS, Like many other states, Texas incorporates | ||
noncontroversial technical and procedural changes into its | ||
insurance statutes by reference to the model laws and regulations | ||
of the National Association of Insurance Commissioners; this | ||
practice is known as incorporation by reference; and | ||
WHEREAS, An example of incorporation by reference is Section | ||
421.001(c), Insurance Code, which requires the commissioner of | ||
insurance to adopt each current formula recommended by the National | ||
Association of Insurance Commissioners for establishing reserves | ||
for each line of insurance; and | ||
WHEREAS, Another example is Section 541.401(b)(2), Insurance | ||
Code, which authorizes the commissioner of insurance to adopt a | ||
rulemaking provision the commissioner considers necessary to | ||
conform to the adopted procedures of the National Association of | ||
Insurance Commissioners; and | ||
WHEREAS, There is concern that incorporation by reference in | ||
the Texas Insurance Code is an unconstitutional delegation of | ||
legislative authority, and a study would help to determine the | ||
appropriateness of using National Association of Insurance | ||
Commissioners model laws and regulations instead of passing laws | ||
specific to Texas; now, therefore, be it | ||
RESOLVED, That the 86th Legislature of the State of Texas | ||
hereby request the lieutenant governor and the speaker of the house | ||
of representatives to create a joint interim committee to study the | ||
use of incorporation by reference in the Texas Insurance Code; and, | ||
be it further | ||
RESOLVED, That the committee submit a full report, including | ||
findings and recommendations, to the 87th Texas Legislature before | ||
it convenes in January 2021; and, be it further | ||
RESOLVED, That the committee's proceedings and operations be | ||
governed by such general rules and policies for interim committees | ||
as the 86th Texas Legislature may adopt. |