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Section 1510.006. Funding

TX Ins Code § 1510.006 (2019) (N/A)
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Sec. 1510.006. FUNDING. (a) The commissioner may use funds appropriated to the department to:

(1) apply for federal funding and grants; and

(2) administer this chapter.

(b) Notwithstanding Section 6(e)(2)(B), Chapter 615 (S.B. 1367), Acts of the 83rd Legislature, Regular Session, 2013, the commissioner may use money appropriated to the department from the healthy Texas small employer premium stabilization fund for the exclusive purposes of this chapter, other than for paying salaries and salary related benefits.

(c) Notwithstanding Section 6(e)(2)(B), Chapter 615 (S.B. 1367), Acts of the 83rd Legislature, Regular Session, 2013, the commissioner shall transfer money from the healthy Texas small employer premium stabilization fund to the Texas Department of Insurance operating account in an amount equal to the amount of money appropriated to the department from that fund, as described by Subsection (b), for the direct and indirect costs of the exclusive purposes of this chapter.

(d) Except as provided by Subsections (a) and (b), the commissioner may not use any state funds to fund the pool unless the funds are specifically appropriated for that purpose.

(e) The commissioner may use federal funds to administer this chapter, as appropriate.

Added by Acts 2017, 85th Leg., R.S., Ch. 765 (S.B. 2087), Sec. 1, eff. June 12, 2017.