Honorable Bryan Hughes, Chair, Senate Committee on State Affairs
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
SB1060 by Hughes (relating to the adoption of political shareholder proposals by insurers and insurer holding companies.), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
Based on the analysis of the Department of Insurance, any duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.