Honorable John T. Smithee, Chair, House Committee on Insurance
FROM:
John S. O'Brien, Director, Legislative Budget Board
IN RE:
HB2451 by Eiland (Relating to insurance premium finance agreements regulated by the Texas Department of Insurance.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend the Insurance Code regarding insurance premium finance agreements regulated by the Texas Department of Insurance (TDI). Based on analysis provided by TDI, any costs associated with the implementation of this bill could be absorbed within existing resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.