---
type: "Bill"
title: "Relating to capital stock requirements for certain insurance companies."
description: "Relating to capital stock requirements for certain insurance companies."
jurisdiction: "us/states/tx"
legislature: "Texas Legislature"
session: "88"
identifier: "HB 1903"
citation: "Texas HB 1903 (88)"
classification: ["bill"]
subjects: ["Insurance--Insurers & Agents (I0425)"]
status: "enacted"
primary_sponsors: ["Parker", "Smithee"]
version_count: 5
action_count: 47
vote_count: 1
first_action: "2023-02-03"
last_action: "2023-06-13"
source: "openstates"
source_identifier: "ocd-bill/9e69f12b-30af-4659-9a66-0e08b6f5f53e"
source_url: "ftp://ftp.legis.state.tx.us/bills/88R/billhistory/house_bills/HB01900_HB01999/HB 1903.xml"
source_hash: "d1c18ccfe69830f4fb27ab1876cf8a06b516e3760b3095f78e6f3bd4fbe0806e"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-tx"]
---

# Texas HB 1903 (88) — Relating to capital stock requirements for certain insurance companies.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Introduced** (filed) — [source](http://capitol.texas.gov/tlodocs/88R/billtext/html/HB01903I.HTM)
2. **Engrossed** (committee substitute) — [source](http://capitol.texas.gov/tlodocs/88R/billtext/html/HB01903E.HTM)
3. **House Committee Report** (committee substitute) — [source](http://capitol.texas.gov/tlodocs/88R/billtext/html/HB01903H.HTM)
4. **Senate Committee Report** (committee substitute) — [source](http://capitol.texas.gov/tlodocs/88R/billtext/html/HB01903S.HTM)
5. **Enrolled** (enrolled) — [source](http://capitol.texas.gov/tlodocs/88R/billtext/html/HB01903F.HTM)

## Votes

- passage — **138–5** (pass) · lower

## Sponsors

- Parker — primary (person)
- Smithee — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2023-02-03** Filed `filing`
- **2023-03-08** Read first time `introduction, reading-1`
- **2023-03-08** Referred to Insurance `referral-committee`
- **2023-03-14** Considered in public hearing
- **2023-03-14** Testimony taken/registration(s) recorded in committee
- **2023-03-14** Left pending in committee
- **2023-03-21** Considered in public hearing
- **2023-03-21** Recommended to be sent to Local & Consent `referral-committee`
- **2023-03-21** Reported favorably w/o amendment(s) `committee-passage, committee-passage-favorable`
- **2023-03-28** Comte report filed with Committee Coordinator `filing`
- **2023-03-28** Committee report distributed
- **2023-03-29** Comm. report sent to Local & Consent Calendar
- **2023-04-11** Considered in Local & Consent Calendars
- **2023-04-14** Placed on Local, Consent, and Res. Calendar
- **2023-04-14** Read 2nd time `reading-2`
- **2023-04-14** Passed to engrossment
- **2023-04-14** Nonrecord vote recorded in Journal
- **2023-04-14** Read 3rd time `reading-3`
- **2023-04-14** Passed `passage`
- **2023-04-14** Record vote
- **2023-04-14** Nonrecord vote recorded in Journal
- **2023-04-14** Reported engrossed
- **2023-04-17** Received from the House `introduction`
- **2023-04-18** Read first time `introduction, reading-1`
- **2023-04-18** Referred to Business & Commerce `referral-committee`
- **2023-05-19** Scheduled for public hearing on . . .
- **2023-05-19** Considered in public hearing
- **2023-05-19** Vote taken in committee
- **2023-05-19** Reported favorably w/o amendments `committee-passage-favorable`
- **2023-05-19** Recommended for local & uncontested calendar
- **2023-05-19** Committee report printed and distributed
- **2023-05-23** Placed on local & uncontested calendar
- **2023-05-24** Laid before the Senate `receipt`
- **2023-05-24** Read 2nd time & passed to 3rd reading `reading-2`
- **2023-05-24** Vote recorded in Journal
- **2023-05-24** Three day rule suspended
- **2023-05-24** Record vote
- **2023-05-24** Read 3rd time `reading-3`
- **2023-05-24** Passed `passage`
- **2023-05-24** Record vote
- **2023-05-25** Senate passage reported `passage`
- **2023-05-26** Reported enrolled `enrolled`
- **2023-05-27** Signed in the House `passage`
- **2023-05-29** Signed in the Senate `passage`
- **2023-05-30** Sent to the Governor `executive-receipt`
- **2023-06-13** Signed by the Governor `executive-signature`
- **2023-06-13** Effective on 9/1/23 `became-law`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/9e69f12b-30af-4659-9a66-0e08b6f5f53e`. Confidence: reported (aggregated from official Texas legislature records).