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TX HB751
TX HB751Relating to the acceptance of gifts, grants, and donations by the Texas Department of Insurance and the office of public insurance counsel for employee training or education.
summary
Introduced
11/12/2024
11/12/2024
In Committee
03/05/2025
03/05/2025
Crossed Over
Passed
Dead
06/02/2025
06/02/2025
Introduced Session
89th Legislature Regular Session
Bill Summary
AN ACT relating to the acceptance of gifts, grants, and donations by the Texas Department of Insurance and the office of public insurance counsel for employee training or education.
AI Summary
This bill allows the Texas Department of Insurance and the Office of Public Insurance Counsel to accept gifts, grants, and donations from any source to fund employee education and training beyond their regular legislative appropriations. Specifically, these funds can be used to support educational events and trainings related to insurance lines, products, services, or other topics that help these organizations perform their official duties. For the Texas Department of Insurance, the bill stipulates that the commissioner may adopt rules to administer this new funding mechanism. The legislation would take effect immediately if it receives a two-thirds vote in both legislative chambers, or otherwise will become effective on September 1, 2025. The bill essentially provides these state insurance-related agencies with more flexible funding options for professional development and educational opportunities for their employees, expanding their resources beyond traditional budget allocations.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Referred to Insurance (on 03/05/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB751 |
BillText | https://capitol.texas.gov/tlodocs/89R/billtext/html/HB00751I.htm |
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