TO: | Honorable Ray Allen, Chair, House Committee on County Affairs |
FROM: | John S. O'Brien, Deputy Director, Legislative Budget Board |
IN RE: | SB1214 by Barrientos (Relating to the selection and retention of an insurance broker by certain counties; imposing an administrative penalty.), Committee Report 2nd House, Substituted |
The bill would amend the Local Government Code to authorize a county that has a population of 800,000 or more to select, only on a fee basis, an appropriately licensed insurance broker as the sole broker of record to obtain proposals and coverages for insurance. The bill would establish applicable procedures and requirements.
The bill would take effect immediately if it receives the required two-thirds vote in each house; otherwise, it would take effect September 1, 2005.
Source Agencies: |
LBB Staff: | JOB, DLBa
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