By: Taylor of Galveston S.B. No. 1449     A BILL TO BE ENTITLED   AN ACT   relating to an insurer's compliance with National Association of   Insurance Commissioners requirements.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 36.004, Insurance Code, is amended to   read as follows:          Sec. 36.004.  COMPLIANCE WITH NATIONAL ASSOCIATION OF   INSURANCE COMMISSIONERS REQUIREMENTS; INTERIM RULES. (a)  Except   as provided by Subsection (c) and Section 36.005 and   notwithstanding any other law, the department may not require an   insurer to comply with a rule, regulation, directive, or standard   adopted by the National Association of Insurance Commissioners,   including a rule, regulation, directive, or standard relating to   policy reserves, unless application of that version of the rule,   regulation, directive, or standard is expressly authorized by   statute [and approved by the commissioner].          (b)  For purposes of Subsection (a), a version of a rule,   regulation, directive, or standard is expressly authorized by   statute if:                (1)  the statute explicitly authorizes that version; or                 (2)  that version is the latest version of the rule,   regulation, directive, or standard on the date that the statute was   enacted.          (c)  The commissioner may adopt an interim rule to require   compliance with a rule, regulation, directive, or standard adopted   by the National Association of Insurance Commissioners if:                (1)  the commissioner finds the rule is technical or   nonsubstantive in nature or necessary to preserve the department's   accreditation; and                 (2)  before the adoption of the rule, the commissioner   provides the standing committees of the senate and house of   representatives with primary jurisdiction over the department with   written notice of the commissioner's intent to adopt the rule.          (d)  Unless the legislature during the following regular   legislative session enacts a law expressly approving or reflecting   the substance of an interim rule adopted under Subsection (c), the   rule is effective until the earlier of:                (1)  the day after the date on which the session ends;   or                (2)  the effective date of a law that expressly   disapproves of or supersedes the rule.          SECTION 2.  This Act takes effect immediately if it receives   a vote of two-thirds of all the members elected to each house, as   provided by Section 39, Article III, Texas Constitution.  If this   Act does not receive the vote necessary for immediate effect, this   Act takes effect September 1, 2017.