Honorable Robert Duncan, Chair, Senate Committee on State Affairs
FROM:
John S. O'Brien, Director, Legislative Budget Board
IN RE:
HB2690 by Hancock (Relating to eligible policyholders for group life insurance.), As Engrossed
No significant fiscal implication to the State is anticipated.
The bill would amend the Insurance Code regarding eligible policyholders for group life insurance. Based on the analysis provided by the Texas Department of Insurance, 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.