Texas may repeal mandatory E&O

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.

Makes you wonder who writes this stuff.

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