LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION May 12, 2017 TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB3008 by Thompson, Senfronia (Relating to the provision of certain information or assistance by life insurance agents to owners of life insurance policies.), As Engrossed No significant fiscal implication to the State is anticipated. The bill would amend the Insurance Code relating to the provision of certain information or assistance by life insurance agents to owners of life insurance policies. Based on information provided by the Texas Department of Insurance, this analysis assumes the 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: UP, CL, CP, AG, EH
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION
May 12, 2017
TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB3008 by Thompson, Senfronia (Relating to the provision of certain information or assistance by life insurance agents to owners of life insurance policies.), As Engrossed
TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB3008 by Thompson, Senfronia (Relating to the provision of certain information or assistance by life insurance agents to owners of life insurance policies.), As Engrossed
Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB3008 by Thompson, Senfronia (Relating to the provision of certain information or assistance by life insurance agents to owners of life insurance policies.), As Engrossed
HB3008 by Thompson, Senfronia (Relating to the provision of certain information or assistance by life insurance agents to owners of life insurance policies.), 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 the provision of certain information or assistance by life insurance agents to owners of life insurance policies. Based on information provided by the Texas Department of Insurance, this analysis assumes the 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: UP, CL, CP, AG, EH
UP, CL, CP, AG, EH