BILL ANALYSIS |
H.B. 3618 |
By: Oliverson |
Insurance |
Committee Report (Unamended) |
BACKGROUND AND PURPOSE
Last session, the Texas Legislature enacted legislation to create an efficient, effective regulatory framework for travel insurance. As part of this effort, the legislature required the comptroller of public accounts to consult with the commissioner of insurance to adopt the rules for that purpose. However, since the legislation was enacted it has been suggested that this requirement creates an unnecessary administrative burden on both agencies. H.B. 3618 seeks to remove the requirement.
|
CRIMINAL JUSTICE IMPACT
It is the committee's opinion that this bill does not expressly create a criminal offense, increase the punishment for an existing criminal offense or category of offenses, or change the eligibility of a person for community supervision, parole, or mandatory supervision.
|
RULEMAKING AUTHORITY
It is the committee's opinion that this bill does not expressly grant any additional rulemaking authority to a state officer, department, agency, or institution.
|
ANALYSIS
H.B. 3618 amends the Insurance Code to remove the requirement for the comptroller of public accounts to consult with the commissioner of insurance in adopting rules to implement provisions governing travel insurance.
|
EFFECTIVE DATE
September 1, 2021.
|