TO: | Honorable John T. Smithee, Chair, House Committee on Insurance |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | HB2759 by Eiland (Relating to registration statements filed by an insurer that is a member of an insurance company holding system.), As Introduced |
The bill would amend the Insurance Code to require certain registration statements to be filed by an insurer that is a member of an insurance company holding system.
Based on the analysis of the Texas Department of Insurance, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.
The bill would take effect September 1, 2007.
Source Agencies: | 454 Department of Insurance
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LBB Staff: | JOB, JRO, SK
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