TITLE: Relating to the development of antifraud educational programs by the Texas Department of Insurance and acceptance of gifts, grants, and donations for the department's fraud unit.

SUMMARY: Relating to the development of antifraud educational programs by the Texas Department of Insurance and acceptance of gifts, grants, and donations for the department's fraud unit.

FULL TEXT:
AN ACT relating to the development of antifraud educational programs by the Texas Department of Insurance and acceptance of gifts, grants, and donations for the department's fraud unit. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Subchapter A, Chapter 701, Insurance Code, is amended by adding Sections 701.004 and 701.005 to read as follows: Sec. 701.004. ANTIFRAUD EDUCATION. The commissioner, through the insurance fraud unit, shall develop fraud prevention educational programs and disseminate materials necessary to educate the public effectively regarding antifraud programs. Sec. 701.005. GIFTS, GRANTS, AND DONATIONS. (a) The insurance fraud unit may accept gifts, grants, and donations to enable the fraud unit to perform its duties under this chapter. (b) The insurance fraud unit may not accept gifts, grants, or donations from a regulated entity. (c) All gifts, grants, or donations to the insurance fraud unit shall be: (1) deposited to the credit of the department's operating account; and (2) distributed to the insurance fraud unit to be used to perform its duties under this chapter. SECTION 2. This Act takes effect September 1, 2015.