TO: | Honorable Robert Duncan, Chair, Senate Committee on State Affairs |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | SB965 by Ellis (Relating to certain education requirements for insurance agents who sell annuities.), Committee Report 1st House, Substituted |
The bill would amend the Insurance Code to change the continuing education requirements for insurance agents that sell annuities and to require the Texas Department of Insurance (TDI) to adopt rules regarding the education requirements. TDI indicates that it could absorb the costs associated with the bill within its current resources.
Source Agencies: | 454 Department of Insurance
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LBB Staff: | JOB, KJG, CH
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