S.B. No. 579
 
 
 
 
AN ACT
  relating to the total benefit amount under a prepaid funeral
  contract.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 4054.157, Insurance Code, is amended to
  read as follows:
         Sec. 4054.157.  LIMIT ON AGENT'S AUTHORITY.  Except as
  provided by Section 154.2021, Finance Code, a [A] funeral
  prearrangement life insurance agent licensed under this subchapter
  may not write any coverage or combination of coverages with an
  initial guaranteed death benefit on any life that exceeds the total
  cost of the prepaid funeral benefits purchased under the prepaid
  funeral contract [$15,000 on any life].
         SECTION 2.  The change in law made by this Act applies to a
  prepaid funeral contract that is formed on or after the effective
  date of this Act.  A contract that is formed before the effective
  date of this Act is covered by the law in effect when the contract
  was formed, and the former law is continued in effect for that
  purpose.
         SECTION 3.  This Act takes effect September 1, 2011.
 
 
 
 
 
  ______________________________ ______________________________
     President of the Senate Speaker of the House     
 
         I hereby certify that S.B. No. 579 passed the Senate on
  March 31, 2011, by the following vote:  Yeas 31, Nays 0.
 
 
  ______________________________
  Secretary of the Senate    
 
         I hereby certify that S.B. No. 579 passed the House on
  May 19, 2011, by the following vote:  Yeas 148, Nays 0, one
  present not voting.
 
 
  ______________________________
  Chief Clerk of the House   
 
 
 
  Approved:
 
  ______________________________ 
              Date
 
 
  ______________________________ 
            Governor