TO: | Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | SB2136 by Eltife (Relating to provision of surplus lines insurance. ), Committee Report 1st House, Substituted |
The bill would amend the Insurance Code relating to provisions of surplus lines insurance and would require the Texas Department of Insurance (TDI) by order to declare eligible surplus lines. Based on analysis provided by TDI, 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, CH, JRO
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