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AN ACT
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relating to the requirements for withdrawal by a certified |
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self-insurer from workers' compensation self-insurance. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 407.045, Labor Code, is amended by |
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adding Subsection (a-1) to read as follows: |
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(a-1) For purposes of Subsection (a), an adequate program |
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includes a program in which the certified self-insurer has insured |
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or reinsured all workers' compensation obligations incurred by the |
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self-insurer with an authorized insurer under an agreement that is |
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filed with and approved in writing by the commissioner. The |
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obligations incurred include: |
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(1) all known claims and expenses associated with |
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those claims; and |
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(2) all incurred but not reported claims and expenses |
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associated with those claims. |
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SECTION 2. This Act takes effect September 1, 2017. |
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______________________________ |
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President of the Senate |
Speaker of the House |
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I certify that H.B. No. 1989 was passed by the House on April |
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27, 2017, by the following vote: Yeas 144, Nays 0, 3 present, not |
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voting. |
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______________________________ |
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Chief Clerk of the House |
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I certify that H.B. No. 1989 was passed by the Senate on May |
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24, 2017, by the following vote: Yeas 31, Nays 0. |
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______________________________ |
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Secretary of the Senate |
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APPROVED: _____________________ |
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Date |
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_____________________ |
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Governor |