TO: | Honorable John T. Smithee, Chair, House Committee on Insurance |
FROM: | John S. O'Brien, Deputy Director, Legislative Budget Board |
IN RE: | HB2878 by Keffer, Bill (Relating to the premium surcharges applicable to and renewal of residential property insurance policies.), As Introduced |
The bill would amend the Insurance Code relating to the premium surcharges applicable to and renewal of residential property insurance policies. 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: | 359 Office of Public Insurance Counsel, 454 Department of Insurance
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LBB Staff: | JOB, JRO, NV
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