TITLE: Relating to an entity's election to participate in or discontinue participation in the uniform group coverage program for active school employees.

SUMMARY: Relating to an entity's election to participate in or discontinue participation in the uniform group coverage program for active school employees.

FULL TEXT:
AN ACT relating to an entity's election to participate in or discontinue participation in the uniform group coverage program for active school employees. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Sections 1579.155(a) and (c), Insurance Code, are amended to read as follows: (a) Effective September 1, 2022, a participating entity may elect to discontinue the entity's participation in the program by providing written notice to the trustee not later than May [December] 31 of the year preceding the first day of the plan year in which the election will be effective. (c) Effective September 1, 2022, an entity that elects to participate in the program shall provide written notice to the trustee not later than May [December] 31 of the year preceding the first day of the plan year in which the election will be effective. The entity may not elect to discontinue the entity's participation until the fifth anniversary of the effective date of the entity's election to participate. SECTION 2. This Act takes effect September 1, 2023.