Texas may repeal mandatory E&O

[John Cahill]

Bill has been filed.


82R2153 EES-D By: Nichols S.B. No. 379 A BILL TO BE ENTITLED AN ACT relating to the issuance and renewal of a real estate inspector license. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 1102.114, Occupations Code, is amended to read as follows: Sec. 1102.114. ISSUANCE OF LICENSE. The commission shall issue the appropriate license to an applicant who: (1) meets the required qualifications; and (2) pays the fee required by Section 1102.352(a)[; and [(3) offers proof that the applicant carries liability insurance with a minimum limit of $100,000 per occurrence to protect the public against a violation of Subchapter G]. SECTION 2. Section 1102.203(a), Occupations Code, is amended to read as follows: (a) A person may renew an unexpired license by paying the required renewal fee to the commission before the expiration date of the license [and providing proof of liability insurance as required by Section 1102.114(3)]. SECTION 3. (a) The change in law made by this Act to Section 1102.114, Occupations Code, applies only to an application for a real estate inspector license submitted to the Texas Real Estate Commission on or after the effective date of this Act. An application for a license submitted before that date is governed by the law in effect on the date the application was submitted, and the former law is continued in effect for that purpose. (b) The change in law made by this Act to Section 1102.203, Occupations Code, applies only to the renewal of a license that expires on or after the effective date of this Act. A license that expires before that date is governed by the law in effect on the date the license expires, and the former law is continued in effect for that purpose. SECTION 4. This Act takes effect September 1, 2011.

[Gary Farnsworth]

Makes you wonder who writes this stuff.

[Steve Taylor]

I would speculate that is was not the insurance industry lobbyist.