LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION April 15, 2013 TO: Honorable John T. Smithee, Chair, House Committee on Insurance FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB3451 by Eiland (Relating to licensing and ongoing requirements for insurance companies), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Insurance Code relating to licensing and ongoing requirements for insurance companies. Based on information provided by the Texas Department of Insurance and the Office of the Attorney General, 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:302 Office of the Attorney General, 454 Department of Insurance LBB Staff: UP, AG, ER, NV
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION
April 15, 2013
TO: Honorable John T. Smithee, Chair, House Committee on Insurance FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB3451 by Eiland (Relating to licensing and ongoing requirements for insurance companies), As Introduced
TO: Honorable John T. Smithee, Chair, House Committee on Insurance
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB3451 by Eiland (Relating to licensing and ongoing requirements for insurance companies), As Introduced
Honorable John T. Smithee, Chair, House Committee on Insurance
Honorable John T. Smithee, Chair, House Committee on Insurance
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB3451 by Eiland (Relating to licensing and ongoing requirements for insurance companies), As Introduced
HB3451 by Eiland (Relating to licensing and ongoing requirements for insurance companies), 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 relating to licensing and ongoing requirements for insurance companies. Based on information provided by the Texas Department of Insurance and the Office of the Attorney General, 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: 302 Office of the Attorney General, 454 Department of Insurance
302 Office of the Attorney General, 454 Department of Insurance
LBB Staff: UP, AG, ER, NV
UP, AG, ER, NV