LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 21, 2009 TO: Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB4359 by Smithee (Relating to the registration with the Texas Department of Insurance of certain contract examiners.), As Engrossed No significant fiscal implication to the State is anticipated. The bill would amend the Insurance Code to require certain contract examiners to register with the Texas Department of Insurance (TDI). The bill would result in TDI receiving additional filings from contract examiners and a slight increase in enforcement activities for contract examiners that do not follow the requirements listed in the bill. Based on TDI's analysis, any costs associated with implementing the provisions of this bill could be absorbed in agency resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:454 Department of Insurance LBB Staff: JOB, CL, KJG, CH
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
April 21, 2009
TO: Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB4359 by Smithee (Relating to the registration with the Texas Department of Insurance of certain contract examiners.), As Engrossed
TO: Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: HB4359 by Smithee (Relating to the registration with the Texas Department of Insurance of certain contract examiners.), As Engrossed
Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce
Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce
John S. O'Brien, Director, Legislative Budget Board
John S. O'Brien, Director, Legislative Budget Board
HB4359 by Smithee (Relating to the registration with the Texas Department of Insurance of certain contract examiners.), As Engrossed
HB4359 by Smithee (Relating to the registration with the Texas Department of Insurance of certain contract examiners.), As Engrossed
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend the Insurance Code to require certain contract examiners to register with the Texas Department of Insurance (TDI). The bill would result in TDI receiving additional filings from contract examiners and a slight increase in enforcement activities for contract examiners that do not follow the requirements listed in the bill. Based on TDI's analysis, any costs associated with implementing the provisions of this bill could be absorbed in agency resources.
The bill would amend the Insurance Code to require certain contract examiners to register with the Texas Department of Insurance (TDI). The bill would result in TDI receiving additional filings from contract examiners and a slight increase in enforcement activities for contract examiners that do not follow the requirements listed in the bill. Based on TDI's analysis, any costs associated with implementing the provisions of this bill could be absorbed in agency resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 454 Department of Insurance
454 Department of Insurance
LBB Staff: JOB, CL, KJG, CH
JOB, CL, KJG, CH