S.B. No. 849

	AN ACT
	relating to the submission of annual reports by farm mutual
	insurance companies.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
	SECTION 1.  Subsection (b), Section 911.304, Insurance Code,
	is amended to read as follows:
	(b)  The annual report must show:
	(1)  the [rate and] total amount of premiums [or
	assessments] paid during the year for the policyholders' insurance;
	(2)  the company's operating expenses; and
	(3)  the total amount of claims paid and the amount paid
	for each covered peril [name of each claimant and the amount paid
	for each loss suffered, except as provided by Subsection (c)].
	SECTION 2.  Subsection (c), Section 911.304, Insurance Code,
	is repealed.
	SECTION 3.  This Act takes effect immediately if it receives
	a vote of two-thirds of all the members elected to each house, as
	provided by Section 39, Article III, Texas Constitution.  If this
	Act does not receive the vote necessary for immediate effect, this
	Act takes effect September 1, 2007.
	____________________________________________________________
	President of the Senate             Speaker of the House
	I hereby certify that S.B. No. 849 passed the Senate on
	March 28, 2007, by the following vote:  Yeas 30, Nays 0.
	______________________________
	Secretary of the Senate
	I hereby certify that S.B. No. 849 passed the House on
	April 27, 2007, by the following vote:  Yeas 133, Nays 0, two
	present not voting.
	______________________________
	Chief Clerk of the House
	Approved:
	______________________________
	______________________________
	Date
	______________________________
	______________________________
	Governor