OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 (860) 240-0200
http://www.cga.ct.gov/ofa
sHB-6393
AN ACT CONCERNING THE INSURANCE DEPARTMENT'S
RECOMMENDATIONS REGARDING SURETY BAIL BOND
AGENTS.
Primary Analyst: MP 4/6/21
Contributing Analyst(s):
Reviewer: RJW
OFA Fiscal Note
State Impact: None
Municipal Impact: None
Explanation
The bill makes various changes including those that prevent
licensees from delaying payment of the annual licensing fee. The bill
has no fiscal impact as it does not change the annual licensing fee
collected but rather prevents a delay in such payments (currently
licensees are able to delay renewal payment by several months) and
the Insurance Commissioner already sends expiration date reminders.
The Out Years
State Impact: None
Municipal Impact: None
Sources: Connecticut Insurance Department