HB 3983

Principle Criteria
neutral
Free Enterprise
neutral
Property Rights
neutral
Personal Responsibility
neutral
Limited Government
neutral
Individual Liberty
Digest
HB 3983 increases regulatory oversight of risk pools primarily consisting of political subdivisions, such as municipal or county employee insurance pools. It grants the Texas Department of Insurance (TDI) enforcement authority over these risk pools, aligning them with certain insurance laws. The bill also mandates annual financial disclosures to members, including risk pool budgets, financial reports, claim denial explanations, and details about coverage limitations. Additionally, it provides a private cause of action against risk pools and waives governmental immunity for liability related to risk pool operations​.
Author (1)
Matt Morgan
Co-Author (10)
Ben Bumgarner
David Cook
Andy Hopper
A.J. Louderback
J. M. Lozano
Brent Money
Mike Olcott
Tom Oliverson
Keresa Richardson
Alan Schoolcraft
Related Legislation
View Bill Text and Status