Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
FROM:
John McGeady, Assistant Director Sarah Keyton, Assistant Director Legislative Budget Board
IN RE:
HB2103 by Capriglione (Relating to a prohibition on contractors acting as public insurance adjusters in certain circumstances.), As Engrossed
No significant fiscal implication to the State is anticipated.
The bill would amend the Insurance Code relating to a prohibition on contractors acting as public insurance adjusters in certain circumstances. Based on information provided by the Texas Department of Insurance, this analysis assumes 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.