Honorable John T. Smithee, Chair, House Committee on Insurance
FROM:
John S. O'Brien, Deputy Director, Legislative Budget Board
IN RE:
HB532 by Howard (Relating to certain investments by title insurance companies.), As Introduced
No fiscal implication to the State is anticipated.
The bill would extend to title insurance companies the ability to invest in a certified capital company. The bill would not affect the timing or aggregate limit of insurance premium tax credits allowed to be claimed by certified investors in certified capital companies.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies:
304 Comptroller of Public Accounts, 454 Department of Insurance