Honorable Joe Straus, Speaker of the House, House of Representatives
FROM:
John S. O'Brien, Director, Legislative Budget Board
IN RE:
HB2570 by Hancock (Relating to the regulation of stipulated premium insurance companies.), As Passed 2nd House
No significant fiscal implication to the State is anticipated.
The bill would amend the Insurance Code regarding the regulation of stipulated premium insurance companies. The Texas Department of Insurance indicates that it could absorb the costs associated with the bill within its current resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.