LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 24, 2009 TO: Honorable John T. Smithee, Chair, House Committee on Insurance FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB739 by Quintanilla (Relating to certain continuing education requirements for insurance agents who sell Medicare-related products.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. The bill would amend the Insurance Code relating to insurance agents that sell Medicare-related products. The bill would require the insurance agents to fulfill additional continuing education requirements and would require the Texas Department of Insurance to adopt rules pertaining to the continuing education requirement. TDI anticipates any additional work resulting from the passage of the bill could be reasonably absorbed within current resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:454 Department of Insurance LBB Staff: JOB, KJG, CH
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
April 24, 2009
TO: Honorable John T. Smithee, Chair, House Committee on Insurance FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB739 by Quintanilla (Relating to certain continuing education requirements for insurance agents who sell Medicare-related products.), Committee Report 1st House, Substituted
TO: Honorable John T. Smithee, Chair, House Committee on Insurance
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: HB739 by Quintanilla (Relating to certain continuing education requirements for insurance agents who sell Medicare-related products.), Committee Report 1st House, Substituted
Honorable John T. Smithee, Chair, House Committee on Insurance
Honorable John T. Smithee, Chair, House Committee on Insurance
John S. O'Brien, Director, Legislative Budget Board
John S. O'Brien, Director, Legislative Budget Board
HB739 by Quintanilla (Relating to certain continuing education requirements for insurance agents who sell Medicare-related products.), Committee Report 1st House, Substituted
HB739 by Quintanilla (Relating to certain continuing education requirements for insurance agents who sell Medicare-related products.), Committee Report 1st House, Substituted
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 relating to insurance agents that sell Medicare-related products. The bill would require the insurance agents to fulfill additional continuing education requirements and would require the Texas Department of Insurance to adopt rules pertaining to the continuing education requirement. TDI anticipates any additional work resulting from the passage of the bill could be reasonably absorbed within current 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, KJG, CH
JOB, KJG, CH