Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
SB520 by Creighton (Relating to provisional permits for certain insurance agents.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend the Insurance Code relating to provisional permits for certain insurance agents. Based on information provided by the Texas Department of Insurance, it is assumed that the duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.