Honorable John T. Smithee, Chair, House Committee on Insurance
FROM:
John S. O'Brien, Director, Legislative Budget Board
IN RE:
HB1928 by Flores (Relating to requirements for attorneys in fact under Lloyd's plans.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend the Insurance Code regarding requirements for attorneys in fact under Lloyd's plans. The Texas Department of Insurance indicates that any costs associated with the bill could be absorbed within existing resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.