HB 4268

bill letting policyholders recover held-back depreciation

Died in committee

Verdict: No flags

No flagsInitial review

Initial review · graded Oct 20, 2026 · Headline, summary and grade are analysis of the bill text, not a finding about any person · How we grade

Caption

relating to recoverable depreciation for property damage claims under an insurance policy.

Caption from analyzed text · version I.

Summary

Two years after the claim is paid to get it back.

The bill requires property insurance policies to let a policyholder recover depreciation the insurer held back from a covered claim for up to two years after the insurer pays the claim. It touches insurers writing property coverage and the homeowners and businesses they insure. Policies issued or renewed on or after January 1, 2026 must give insureds that two-year window, and the held-back money cannot be counted as defense costs or taken out of defense coverage limits.

Labels

Labels: PENDING FOREVER. Heard by the House Insurance committee on Apr 17, 2025 and left pending. Never voted out. The bill died.

Receipt

The receipt

89R-HB4268 · 2025-03-10

SOLD BY

Rep. Matt MorganRHouse 26

ITEM

relating to recoverable depreciation for property damage claims under an insurance policy.

WHAT IT DOES

Two years after the claim is paid to get it back.

CHARGES

[ ] NONE FOUND

TOTAL

No significant fiscal implication to the State is anticipated.

LBB estimate · fiscal note version I · source

Sources

Fiscal note · version I · April 15, 2025

No first-year general revenue figure available here.

LBB published estimates · flow over the stated periods.

Source snapshot 2026-10-19, Central time.

HISTORY

Mar 10, 2025Filed
Apr 1, 2025Read first time
Apr 1, 2025Referred to Insurance
Apr 17, 2025Scheduled for public hearing on . . .
Apr 17, 2025Considered in public hearing
Apr 17, 2025Testimony taken/registration(s) recorded in committee
Apr 17, 2025Left pending in committee

FILED UNDER

No verified beat found.

No flags

THANK YOU FOR CHECKING THE RECEIPT

CAMPAIGN PAID FOR BY

Matt Morgan

Donors

Texas Conservative Majority PAC$199K Texans for Lawsuit Reform PAC$150K Texans for Truth and Liberty PAC$55K

Not tied to this bill.

Sources

The author's campaign account only. Own money and internal transfers are separate on the member page.

Derived itemized flow · Oct 27, 2024 to Oct 20, 2026. State data as of Nov 4, 2026.

Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.

Texas Conservative Majority PAC$199,350.00

Texas Conservative Majority PAC

$199,350.00

Cash: $125,000.00
Paid by others: $74,350.00
Total: $199,350.00

canvassing $58,100.00polling $16,250.00

Also funds 42 other sitting lawmakers.

Derived recipient stock · Jan 23, 2026 to Oct 23, 2026. State data as of Nov 4, 2026.

TEC account match.

Team

Sources

Derived itemized flow · Aug 17, 2026 to Oct 8, 2026. State data as of Nov 4, 2026.

Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.

Report IDs: 101067971, 101072248.

Texans for Lawsuit Reform PAC$150,123.30

Texans for Lawsuit Reform PAC

$150,123.30

Cash: $105,000.00
Paid by others: $45,123.30
Total: $150,123.30

mail $28,873.30polling $16,250.00

Also funds 124 other sitting lawmakers.

Derived recipient stock · Jul 10, 2024 to Oct 23, 2026. State data as of Nov 4, 2026.

TEC account match.

Team

Sources

Derived itemized flow · Aug 20, 2026 to Oct 5, 2026. State data as of Nov 4, 2026.

Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.

Report IDs: 101067971, 101072248.

Texans for Truth and Liberty PAC$55,000.00

Texans for Truth and Liberty PAC

$55,000.00

Cash: $55,000.00
Paid by others: $0.00
Total: $55,000.00

Also funds 44 other sitting lawmakers.

Derived recipient stock · Jun 24, 2025 to Oct 23, 2026. State data as of Nov 4, 2026.

TEC account match.

Team

Sources

Derived itemized flow · Jun 24, 2025 to Sep 30, 2026. State data as of Nov 4, 2026.

Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.

Report IDs: 101006291, 101067971, 101072248.

Money

Missing data does not establish zero giving. Display amounts are rounded.

Texas Conservative Majority PAC

$199,350.00

Cash: $125,000.00
Paid by others: $74,350.00
Total: $199,350.00

canvassing $58,100.00polling $16,250.00

Also funds 42 other sitting lawmakers.

Derived recipient stock · Jan 23, 2026 to Oct 23, 2026. State data as of Nov 4, 2026.

TEC account match.

Team

Sources

Derived itemized flow · Aug 17, 2026 to Oct 8, 2026. State data as of Nov 4, 2026.

Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.

Report IDs: 101067971, 101072248.

Texans for Lawsuit Reform PAC

$150,123.30

Cash: $105,000.00
Paid by others: $45,123.30
Total: $150,123.30

mail $28,873.30polling $16,250.00

Also funds 124 other sitting lawmakers.

Derived recipient stock · Jul 10, 2024 to Oct 23, 2026. State data as of Nov 4, 2026.

TEC account match.

Team

Sources

Derived itemized flow · Aug 20, 2026 to Oct 5, 2026. State data as of Nov 4, 2026.

Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.

Report IDs: 101067971, 101072248.

Texans for Truth and Liberty PAC

$55,000.00

Cash: $55,000.00
Paid by others: $0.00
Total: $55,000.00

Also funds 44 other sitting lawmakers.

Derived recipient stock · Jun 24, 2025 to Oct 23, 2026. State data as of Nov 4, 2026.

TEC account match.

Team

Sources

Derived itemized flow · Jun 24, 2025 to Sep 30, 2026. State data as of Nov 4, 2026.

Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.

Report IDs: 101006291, 101067971, 101072248.

Votes

No floor vote loaded for this bill.

Fiscal

No significant fiscal implication to the State is anticipated.

LBB estimate · fiscal note version I · source

Sources

Fiscal note · version I · April 15, 2025

No first-year general revenue figure available here.

LBB published estimates · flow over the stated periods.

Source snapshot 2026-10-19, Central time.

How this was graded

Analysis of text version I by claude-opus-5-5, Oct 20, 2026, against the published rubric.

Sources

Texas House · Filed Mar 10, 2025

04/17/2025 H Left pending in committee

Texas Legislature Online · Introduced

Data snapshot Oct 26, 2026 at 4:20 AM CDT. Grades, charges, quotes and corrections follow the published record.

House committee · Insurance · Final status: Died in committee

Companion

SB 2575 by Middleton (identical)

Subjects

Insurance--Property & Casualty

Text

The text as introduced · 165 words

89R13971 DNC-F

By: Morgan
H.B. No. 4268

A BILL TO BE ENTITLED

AN ACT

relating to recoverable depreciation for property damage claims

under an insurance policy.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:

SECTION 1. Subchapter A, Chapter 2301, Insurance Code, is

amended by adding Section 2301.011 to read as follows:

Sec. 2301.011. RECOVERABLE DEPRECIATION. (a) An insurance

policy providing coverage for property damage must permit an

insured to recover depreciation withheld from a claim for a covered

loss until the second anniversary of the date the insurer issues a

claim payment for the loss.

(b) The recoverable depreciation may not:

(1) be considered part of the insurer's defense costs;

or

(2) be deducted from any defense coverage limits under

an insurance policy.

SECTION 2. Section 2301.011, Insurance Code, as added by

this Act, applies only to an insurance policy delivered, issued for

delivery, or renewed on or after January 1, 2026.

SECTION 3. This Act takes effect September 1, 2025.