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      By: Hancock S.B. No. 2978               A BILL TO BE ENTITLED   AN ACT   relating to presuit notice associated with certain insurance claims   for property damage.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 542A.003, Insurance Code is amended by   adding Subsection (b-1) to read as follows:           (b-1)     The amount of money alleged by the claimant to be owed   by the insurer on the claim for damage to or loss of covered   property as required by Subsection (b)(2) must be an amount the   claimant will accept in full payment of the claim, and payment of   that amount by the insurer during the period provided by Subsection   (a) or Section 542A.005(e), as applicable, settles and resolves the   claimant's claim.          SECTION 2.  The changes in law made by this Act apply only to   an action commenced on or after the effective date of this Act. An   action commenced before the effective date of this Act is governed   by the law applicable to the action immediately before the   effective date of this Act, and that law is continued in effect for   that purpose.          SECTION 3.  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.