TO: | Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce |
FROM: | John S. O'Brien, Deputy Director, Legislative Budget Board |
IN RE: | HB363 by Hegar (Relating to the declination of certain property and casualty insurance policies.), As Engrossed |
The bill would amend the Insurance Code relating to the declination of certain property and casualty insurance policies. The Texas Department of Insurance anticipates any additional work resulting from the passage of the bill could be reasonably absorbed within current resources.
The bill would take effect September 1, 2005.
Source Agencies: | 454 Department of Insurance
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LBB Staff: | JOB, CL, JRO, MW, NV
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