HB 4432

bill loosening conflict rules for the Texas Mutual board

Companion SB 2077 became law

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 the board of directors of the Texas Mutual Insurance Company.

Caption from analyzed text · version I.

Summary

The ban narrows to licensed agents and workers’ comp insurers.

The bill loosens the conflict-of-interest rules that decide who can sit on the board of the Texas Mutual Insurance Company. It narrows the ban from anyone licensed under the Insurance Code to licensed insurance agents, and from ties to any licensed company to ties with insurers that write workers' compensation insurance in Texas. It also drops household members from the rule and covers only first-degree relatives instead of second-degree relatives, so more people with insurance-industry ties can serve on the board.

Receipt

The receipt

89R-HB4432 · 2025-03-11

SOLD BY

Rep. Jay DeanRHouse 7

+ 1 coauthor

ITEM

relating to the board of directors of the Texas Mutual Insurance Company.

WHAT IT DOES

The ban narrows to licensed agents and workers’ comp insurers.

CHARGES

[ ] NONE FOUND

TOTAL

No significant fiscal implication to the State is anticipated.

LBB estimate · fiscal note version H · source

Sources

Fiscal note · version H · April 16, 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 11, 2025Filed
Apr 2, 2025Read first time
Apr 2, 2025Referred to Insurance
Apr 9, 2025Scheduled for public hearing on . . .
Apr 9, 2025Considered in public hearing
Apr 9, 2025Testimony taken/registration(s) recorded in committee
Apr 9, 2025Left pending in committee
Apr 16, 2025Considered in formal meeting
Apr 16, 2025Committee substitute considered in committee
Apr 16, 2025Reported favorably as substituted
Apr 22, 2025Comte report filed with Committee Coordinator
Apr 22, 2025Committee report distributed
Apr 23, 2025Committee report sent to Calendars
Apr 28, 2025Considered in Calendars
May 1, 2025Placed on General State Calendar
May 1, 2025Companion considered in lieu of SB 2077
May 1, 2025Laid on the table subject to call

FILED UNDER

No verified beat found.

No flags

THANK YOU FOR CHECKING THE RECEIPT

CAMPAIGN PAID FOR BY

Jay Dean

Donors

Texans for Lawsuit Reform PAC$74K Texas Conservative Majority PAC$47K Texas Sands PAC$42K

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 28, 2024 to Oct 23, 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.

Texans for Lawsuit Reform PAC$74,300.00

Texans for Lawsuit Reform PAC

$74,300.00

Cash: $65,000.00
Paid by others: $9,300.00
Total: $74,300.00

polling $9,300.00

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 · Jun 24, 2025 to Oct 19, 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: 101007728, 101025857, 101035931, 101070129.

Texas Conservative Majority PAC$46,524.22

Texas Conservative Majority PAC

$46,524.22

Cash: $566.02
Paid by others: $45,958.20
Total: $46,524.22

canvassing $42,750.00printing $3,208.20

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 · Feb 17, 2026 to Feb 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.

Report IDs: 101036566.

Texas Sands PAC$42,166.67

Texas Sands PAC

$42,166.67

Cash: $37,500.00
Paid by others: $4,666.67
Total: $42,166.67

polling $4,666.67

Also funds 121 other sitting lawmakers.

Derived recipient stock · Jul 3, 2024 to Oct 24, 2026. State data as of Nov 4, 2026.

TEC account match.

Team

Sources

Derived itemized flow · Dec 11, 2024 to Oct 23, 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: 100989410, 101025857, 101036566, 101070129.

Money

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

Texans for Lawsuit Reform PAC

$74,300.00

Cash: $65,000.00
Paid by others: $9,300.00
Total: $74,300.00

polling $9,300.00

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 · Jun 24, 2025 to Oct 19, 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: 101007728, 101025857, 101035931, 101070129.

Texas Conservative Majority PAC

$46,524.22

Cash: $566.02
Paid by others: $45,958.20
Total: $46,524.22

canvassing $42,750.00printing $3,208.20

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 · Feb 17, 2026 to Feb 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.

Report IDs: 101036566.

Texas Sands PAC

$42,166.67

Cash: $37,500.00
Paid by others: $4,666.67
Total: $42,166.67

polling $4,666.67

Also funds 121 other sitting lawmakers.

Derived recipient stock · Jul 3, 2024 to Oct 24, 2026. State data as of Nov 4, 2026.

TEC account match.

Team

Sources

Derived itemized flow · Dec 11, 2024 to Oct 23, 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: 100989410, 101025857, 101036566, 101070129.

Votes

No floor vote loaded for this bill.

Witnesses5

For: 4
Against: 1
On: 0

Names

For

Al Boenker Insurance Agency, Inc.1 registration
American property casualty insurance association1 registration
Independent Insurance Agents of Texas1 registration
Texas Mutual1 registration

Against

Self1 registration

Sources

5 parsed registrations across the loaded witness lists.

Derived stock of witness registrations. Repeated appearances count separately. Organizations and self-representation appear as printed.

House witness list. Source snapshot 2026-10-20, Central time.

Fiscal

No significant fiscal implication to the State is anticipated.

LBB estimate · fiscal note version H · source

Sources

Fiscal note · version H · April 16, 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 11, 2025

05/01/2025 H Laid on the table subject to call

Texas Legislature Online · Introduced · House Committee Report

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

Coauthors

Penny Morales ShawDHouse 148

House committee · Insurance · Committee vote 9 aye, 0 nay · Out of committee

Companion

SB 2077 by Zaffirini (identical)

Subjects

Insurance--General

Labor--Workers' Compensation

TEXAS MUTUAL INSURANCE COMPANY

Text

The text as introduced · 305 words

By: Dean
H.B. No. 4432

A BILL TO BE ENTITLED

AN ACT

relating to the board of directors of the Texas Mutual Insurance

Company.

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

SECTION 1. Section 2054.052, Insurance Code, is amended by

amending Subsection (b)to read as follows:

(b) An individual may not serve as a board member if the

individual or [ , ] another individual related to the individual

within the first [ second ] degree by consanguinity or affinity[ , or

another individual residing in the same household with the

individual ]:

(1) is licensed as an insurance agent [ registered or

licensed under this code or is required to be registered or licensed

under this code ];

(2) serves as an employee, officer, director,

consultant, or in any other capacity for an insurer or an affiliate

of an insurer writing workers' compensation insurance in Texas [ is

employed by or acts as a consultant to a person registered or

licensed under this code or required to be registered or licensed

under this code ];

(3) owns, controls, has a financial interest in, or

participates in the management of an insurer or an affiliate of an

insurer writing workers' compensation insurance in Texas

[ organization registered or licensed under this code or required to

be registered or licensed under this code ];

(4) receives a substantial tangible benefit from the

company or the department; or

(5) is an officer, employee, or consultant of an

association in the field of insurance.

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, 2025.