Texas HB751 allows the Texas Department of Insurance and the office of public insurance counsel to accept gifts, grants, and donations for employee.

Texas HB751 amends the Insurance Code to allow the Texas Department of Insurance and the office of public insurance counsel to accept gifts, grants, and donations from any source. These funds can be used for employee training and education, including topics related to insurance lines, products, services, and other subjects that may assist in performing their duties. The commissioner may adopt rules to administer this provision. If the act receives a two-thirds vote in both houses, it takes effect immediately; otherwise, it takes effect September 1, 2025.

Texas HB751 allows the Texas Department of Insurance and the office of public insurance counsel to accept gifts, grants, and donations for employee.

Texas HB751 amends the Insurance Code to allow the Texas Department of Insurance and the office of public insurance counsel to accept gifts, grants, and donations from any source. These funds can be used for employee training and education, including topics related to insurance lines, products, services, and other subjects that may assist in performing their duties. The commissioner may adopt rules to administer this provision. If the act receives a two-thirds vote in both houses, it takes effect immediately; otherwise, it takes effect September 1, 2025.