WASHINGTON (June 23, 2003) — Texas Gov. Rick Perry signed a bill prohibiting insurance companies from owning auto repair facilities in the state, the Automotive Service Association said.
The Republican governor signed the bill June 20 after the state Senate passed its version by a unanimous vote earlier. The Senate version allows facilities already owned by insurance companies to stay in business if they meet certain criteria.
“We are very pleased Gov. Perry signed this legislation into law,” said Bob Redding, ASA's representative in Washington. “Texas collision repairers exercised right to petition policymakers for help with a potentially devastating concern. The Texas legislature promptly responded with a solution protecting vehicle owners and small businesses throughout Texas,” he said.