LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 6, 2009 TO: Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB881 by Eltife (Relating to a specialty insurance agent license for certain vendors of portable electronic devices.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Insurance Code to clarify the specialty insurance agent license for certain vendors of portable electronic devices. The Texas Department of Insurance (TDI) would need to amend the agency's rules to comply with the changes in statute. TDI indicates that any costs associated with the bill could be absorbed within the agency's existing resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:454 Department of Insurance LBB Staff: JOB, JRO, CH, KJG
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
April 6, 2009
TO: Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB881 by Eltife (Relating to a specialty insurance agent license for certain vendors of portable electronic devices.), As Introduced
TO: Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: SB881 by Eltife (Relating to a specialty insurance agent license for certain vendors of portable electronic devices.), As Introduced
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
SB881 by Eltife (Relating to a specialty insurance agent license for certain vendors of portable electronic devices.), As Introduced
SB881 by Eltife (Relating to a specialty insurance agent license for certain vendors of portable electronic devices.), As Introduced
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 clarify the specialty insurance agent license for certain vendors of portable electronic devices. The Texas Department of Insurance (TDI) would need to amend the agency's rules to comply with the changes in statute. TDI indicates that any costs associated with the bill could be absorbed within the agency's existing 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, JRO, CH, KJG
JOB, JRO, CH, KJG