Honorable John Frullo, Chair, House Committee on Insurance
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
HB1206 by Huberty (Relating to the disclosure of certain information under a consolidated insurance program.), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
The bill would amend the Insurance Code relating to the disclosure of certain information under a consolidated insurance program.
Based on information provided by the Texas Department of Insurance, it is assumed that all duties and responsibilities necessary to implement the provisions of the bill could be accomplished within existing resources.
The bill would take effect January 1, 2016.
Local Government Impact
No fiscal implication to units of local government is anticipated.