Signed Into Law
Signed May 19, 2025Effective 2025-09-01
SB2077

Regular Session

Relating to the qualifications of members of the board of directors of the Texas Mutual Insurance Company.

Government Affairs & Regulatory Compliance Analysis

Business Impact

Who SB2077 Affects

Regulatory Priority: low

Standard regulatory changes (effective 2025-09-01). Review during normal business planning.

Estimated Cost Impact

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Compliance Analysis

Key implementation requirements and action items for compliance with this legislation

Immediate Action Plan

Operational Changes Required

Strategic Ambiguities & Considerations

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Information presented is for general knowledge only and is provided without warranty, express or implied. Consult qualified government affairs professionals and legal counsel before making compliance decisions.

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Quick Reference

Frequently Asked Questions

Common questions about SB2077

Q

What does Texas SB2077 do?

SB2077 amends the Texas Insurance Code to relax familial and professional conflict-of-interest restrictions for the Texas Mutual Insurance Company (TMIC) Board of Directors. This legislation expands the pool of eligible candidates by narrowing disqualification criteria to first-degree relatives and direct competitors in the workers' compensation market, effective September 1, 2025.

Q

Who authored SB2077?

SB2077 was authored by Texas Senator Judith Zaffirini during the Regular Session.

Q

When was SB2077 signed into law?

SB2077 was signed into law by Governor Greg Abbott on May 19, 2025.

Q

Which agencies enforce SB2077?

SB2077 is enforced by Texas Department of Insurance and Texas Mutual Insurance Company (Board Governance Committee).

Q

How significant are the changes in SB2077?

The regulatory priority for SB2077 is rated as "low". Businesses and organizations should review the legislation to understand potential impacts.

Q

What is the cost impact of SB2077?

The cost impact of SB2077 is estimated as "low". This may vary based on industry and implementation requirements.

Q

What topics does SB2077 address?

SB2077 addresses topics including insurance, insurance--general, labor, labor--workers' compensation and texas mutual insurance company.

Q

What are the key dates for SB2077?

Key dates for SB2077: Effective date is 2025-09-01. Consult with legal counsel regarding applicability.

Q

Which Texas businesses are affected by SB2077?

SB2077 primarily affects insurance companies and financial institutions, employers and workforce development organizations. These businesses should review the legislation with their legal and compliance teams to understand potential impacts.

Legislative data provided by LegiScanLast updated: January 11, 2026