TO: | Honorable Robert Duncan, Chair, Senate Committee on State Affairs |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | SB1109 by Jackson, Mike (Relating to the limits of certain life insurance coverage written by stipulated premium insurance companies.), As Introduced |
The bill would amend the Insurance code regarding the limits of certain life insurance coverage written by stipulated premium insurance companies. The Texas Department of Insurance indicates that any costs associated with the implementation of this bill could be absorbed within existing resources.
Source Agencies: | 454 Department of Insurance
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LBB Staff: | JOB, KJG, CH
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