TO: | Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce |
FROM: | John S. O'Brien, Deputy Director, Legislative Budget Board |
IN RE: | HB2157 by Smithee (Relating to the receivership of insurers in this state; providing penalties.), As Engrossed |
The bill would amend the Insurance Code relating to the receivership of insurers in this state; providing penalties. 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, 212 Office of Court Administration, Texas Judicial Council, 359 Office of Public Insurance Counsel
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LBB Staff: | JOB, JRO, NV
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