Texas legislation · 89th Legislature Regular Session
Texas HB1041: Relating to the insurable interest of certain persons providing care to individuals with disabilities in the life of those individuals.
Status: Signed into law, May 29, 2025
What the bill says
An act relating to the insurable interest of certain persons providing care to individuals with disabilities in the life of those individuals.
From the enrolled text, May 16, 2025:
AN ACT relating to the insurable interest of certain persons providing care to individuals with disabilities in the life of those individuals. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 1103.053, Insurance Code, is amended by amending Subsection (a) and adding Subsections (c) and (d) to read as follows: (a) Except as provided by Subsection (b)[ADDED: or (c)], a beneficiary or owner of a life insurance policy who is designated in accordance with this subchapter or an entity to which a life insurance policy or an interest, benefit, right, or title in a life insurance policy is transferred or assigned in accordance with this subchapter has, at all times after the designation, an insurable interest in the life of the individual who is insured under the policy. [ADDED: (c)][ADDED: ][ADDED: ][ADDED: Notwithstanding Section 1103.051, this subsection ] [ADDED: applies to a life insurance policy issued under Chapter 1101. ][ADDED: ][ADDED: A ] [ADDED: person providing care to an individual with a disability, including ] [ADDED: an intellectual disability, at a state supported living center, as ] [ADDED: defined by Section 531.002, Health and Safety Code, an assisted ] [ADDED: living facility licensed under Chapter 247, Health and Safety Code, ] [ADDED: an intermediate care facility licensed under Chapter 252, Health ] [ADDED: and Safety …
Sponsors
- Chris Turner (D, HD-101) · primary sponsor
- Josey Garcia (D)
- Candy Noble (R, HD-089)
- Aicha Davis (D)
- Salman Bhojani (D, HD-092)
- Jolanda Jones (D, HD-147)
- Mihaela Plesa (D, HD-070)
- Rodríguez Ramos, Ana-María (D, HD-102)
- Judith Zaffirini (D, SD-021)
Latest actions
- : Effective immediately
- : Signed by the Governor
- : Sent to the Governor
- : Signed in the Senate
- : Signed in the House
- : Reported enrolled
- : Senate passage reported
- : Passed
- : Read 3rd time
- : Record vote
Votes
- Human Services Committee Vote (Out of committee): 11 yea, 0 nay, passed
- Business & Commerce Committee Vote (Out of committee): 11 yea, 0 nay, passed
- Rules suspended-Three day rule (May 16, 2025): 31 yea, 0 nay, passed
- Read 3rd time (May 16, 2025): 31 yea, 0 nay, passed
- Record vote RV#456 (April 23, 2025): 121 yea, 23 nay, passed
- Record vote RV#405 (April 23, 2025): 146 yea, 0 nay, passed
Subjects: Disabilities, Persons with, Insurance--Life & Annuities, Occupational Regulation--Health Occupations, Nursing Homes, ASSISTED LIVING FACILITIES, Mental Health & Substance Abuse
Common questions
- What is HB1041?
- HB1041 is a bill in the Texas Legislature (89th Legislature Regular Session): Relating to the insurable interest of certain persons providing care to individuals with disabilities in the life of those individuals.
- What does HB1041 do?
- In its own words: An act relating to the insurable interest of certain persons providing care to individuals with disabilities in the life of those individuals.
- What is the status of HB1041?
- Signed into law as of May 29, 2025. Latest action: Effective immediately (May 29, 2025).
- Who sponsored HB1041?
- Chris Turner (D, HD-101), with 8 co-sponsors.
- Where is the official record for HB1041?
- On the Texas Legislature website: https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB01041
Source: official Texas record. Tracked by Delilah, AI for legislation across all 50 states and Congress.