LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION March 2, 2009 TO: Honorable John T. Smithee, Chair, House Committee on Insurance FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB984 by Veasey (Relating to the election and qualifications of the commissioner of insurance.), As Introduced No significant fiscal implication to the State is anticipated. The provisions of the bill would provide for the election of the commissioner of insurance rather than appointment by the Governor and amends the term of office from two years to four years. The bill would amend the qualifications for becoming the commissioner of insurance and would repeal ineligibility for public office and grounds for removal. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:307 Secretary of State, 454 Department of Insurance LBB Staff: JOB, KJG, MS, BTA
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
March 2, 2009
TO: Honorable John T. Smithee, Chair, House Committee on Insurance FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB984 by Veasey (Relating to the election and qualifications of the commissioner of insurance.), As Introduced
TO: Honorable John T. Smithee, Chair, House Committee on Insurance
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: HB984 by Veasey (Relating to the election and qualifications of the commissioner of insurance.), As Introduced
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
HB984 by Veasey (Relating to the election and qualifications of the commissioner of insurance.), As Introduced
HB984 by Veasey (Relating to the election and qualifications of the commissioner of insurance.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The provisions of the bill would provide for the election of the commissioner of insurance rather than appointment by the Governor and amends the term of office from two years to four years. The bill would amend the qualifications for becoming the commissioner of insurance and would repeal ineligibility for public office and grounds for removal.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 307 Secretary of State, 454 Department of Insurance
307 Secretary of State, 454 Department of Insurance
LBB Staff: JOB, KJG, MS, BTA
JOB, KJG, MS, BTA