Texas HB3306 modifies certain laws affecting indemnification agreements in contracts related to electric utility infrastructure.

Texas HB3306 amends the Insurance Code to exclude certain indemnification agreements in contracts or agreements pertaining to electric utility infrastructure from specific laws. These agreements include those related to single-family houses, public works projects, and installations or constructions for electric utilities. The changes apply to contracts entered into after the effective date of the Act, which is September 1, 2025. Contracts made before this date remain governed by previous laws.

Texas HB3306 modifies certain laws affecting indemnification agreements in contracts related to electric utility infrastructure.

Texas HB3306 amends the Insurance Code to exclude certain indemnification agreements in contracts or agreements pertaining to electric utility infrastructure from specific laws. These agreements include those related to single-family houses, public works projects, and installations or constructions for electric utilities. The changes apply to contracts entered into after the effective date of the Act, which is September 1, 2025. Contracts made before this date remain governed by previous laws.