LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION March 22, 2021 TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB918 by Kolkhorst (Relating to the size, terms, and election of boards of directors of certain insurance companies.), As Introduced No fiscal implication to the State is anticipated. The bill would amend the Insurance Code relating to the size, terms, and election of boards of directors of certain insurance companies. No fiscal implication to the State is anticipated. Local Government ImpactNo fiscal implication to units of local government is anticipated. Source Agencies: b > td > 454 Department of Insurance LBB Staff: b > td > JMc, SZ, MB, MPUK LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION March 22, 2021 TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB918 by Kolkhorst (Relating to the size, terms, and election of boards of directors of certain insurance companies.), As Introduced TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB918 by Kolkhorst (Relating to the size, terms, and election of boards of directors of certain insurance companies.), As Introduced Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce Jerry McGinty, Director, Legislative Budget Board Jerry McGinty, Director, Legislative Budget Board SB918 by Kolkhorst (Relating to the size, terms, and election of boards of directors of certain insurance companies.), As Introduced SB918 by Kolkhorst (Relating to the size, terms, and election of boards of directors of certain insurance companies.), As Introduced No fiscal implication to the State is anticipated. No fiscal implication to the State is anticipated. The bill would amend the Insurance Code relating to the size, terms, and election of boards of directors of certain insurance companies. No fiscal implication to the State is anticipated. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: b > td > 454 Department of Insurance 454 Department of Insurance LBB Staff: b > td > JMc, SZ, MB, MPUK JMc, SZ, MB, MPUK