TO: | Honorable John T. Smithee, Chair, House Committee on Insurance |
FROM: | John S. O'Brien, Deputy Director, Legislative Budget Board |
IN RE: | HB1936 by Ritter (Relating to the regulation of viatical settlement agreements and life settlement agreements; providing penalties.), As Introduced |
The bill would amend the Insurance Code relating to the regulation of viatical settlement agreements and life settlement agreements; providing penalties. The Department of Insurance anticipates any additional work resulting from the passage of the bill could be reasonably absorbed within current resources.
This bill would take effect September 1, 2005.
Source Agencies: | 454 Department of Insurance
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LBB Staff: | JOB, JRO, SR, NV
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