Senate Committee on Economic Development, Interim - 75th R.S. (1997)
- Study major legislation concerning economic development enacted during the 1990's to evaluate and identify the legislation's impact on Texas businesses and the economy, such as creation and retention of jobs, financial stability of businesses, and financial investment in Texas. Among other legislation, the Committee should evaluate laws concerning tort reform, tax abatements and incentives, insurance reform, telecommunication deregulation, and trucking deregulation. The Committee may make recommendations to establish a mechanism for on-going analysis of current and future business-related laws.
- Study the effect of property insurance form deregulation, as addressed in SB 1499 75th R.S., passed by the Legislature during the 1997 regular session, on the affordability and availability of homeowners insurance.
- Monitor the implementation of SB 386 75th R.S., passed by the Legislature during the 1997 regular session, regarding managed care liability, including the development of the rules and standards governing the certification, selection, and operation of independent review organizations.
Study and assess the effectiveness of HB 2128 74th R.S., passed by the Legislature during the 1995 regular session, including but not limited to:
the deployment of an advanced telecommunications infrastructure in Texas;
the development of competition in the local telecommunications market in Texas; and
the use of the Telecommunications Infrastructure Fund in improving the capabilities of Texas schools, libraries and public hospitals.
In its evaluation, the Committee should identify any remaining barriers to the development of full competition in the telecommunications market in Texas and make recommendations, if necessary, for any legislative or regulatory action.
- Review the process used by the Texas Department of Insurance and the Attorney General in making determinations regarding public disclosure of insurance data and, if necessary, make recommendations to streamline and standardize the process.
- Review and make recommendations, if needed, to clarify what insurance market-related data should be in the public domain and what information should be considered proprietary data to preserve competition. This review should consider both statistical data and underwriting guidelines.
Information on this website is provided as a public service by the Legislative Reference Library. The Legislative Reference Library makes no representation as to its completeness or accuracy and makes no warranty in regard to its use. Users assume all risk of reliance on the information included on this site.