LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION April 22, 2011 TO: Honorable Robert Duncan, Chair, Senate Committee on State Affairs FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB2154 by Eiland (Relating to certain continuing education requirements for agents who sell Medicare-related products and annuities.), As Engrossed No significant fiscal implication to the State is anticipated. The bill would amend the Insurance Code relating to certain continuing education requirements for agents who sell Medicare-related products and annuities. Based on the analysis by the Texas Department of Insurance, it is assumed that all duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing 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, 82ND LEGISLATIVE REGULAR SESSION April 22, 2011 TO: Honorable Robert Duncan, Chair, Senate Committee on State Affairs FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB2154 by Eiland (Relating to certain continuing education requirements for agents who sell Medicare-related products and annuities.), As Engrossed TO: Honorable Robert Duncan, Chair, Senate Committee on State Affairs FROM: John S O'Brien, Director, Legislative Budget Board IN RE: HB2154 by Eiland (Relating to certain continuing education requirements for agents who sell Medicare-related products and annuities.), As Engrossed Honorable Robert Duncan, Chair, Senate Committee on State Affairs Honorable Robert Duncan, Chair, Senate Committee on State Affairs John S O'Brien, Director, Legislative Budget Board John S O'Brien, Director, Legislative Budget Board HB2154 by Eiland (Relating to certain continuing education requirements for agents who sell Medicare-related products and annuities.), As Engrossed HB2154 by Eiland (Relating to certain continuing education requirements for agents who sell Medicare-related products and annuities.), 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 relating to certain continuing education requirements for agents who sell Medicare-related products and annuities. Based on the analysis by the Texas Department of Insurance, it is assumed that all duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing 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, KJG, CH JOB, KJG, CH