|Date Requested:February 16, 2013
Time Requested:09:26 AM
| FUND(S) |
Sources of Revenue
Legislation creates:Neither Program nor Fund
Effect this measure will have on costs and revenues of state government.
|HB 2299 has no significant impact on the operations or regulatory activities of the Offices of the Insurance Commissioner.|
|Effect of Proposal||Fiscal Year|
|1. Estmated Total Cost||0||0||0|
|Repairs and Alterations||0||0||0|
|2. Estimated Total Revenues||0||0||0|
3. Explanation of above estimates (including long-range effect):
| HB 2299 does not significantly impact the regulatory responsibilities of the Offices of the Insurance Commissioner.
If enacted, HB 2299 may increase the costs of insurance companies who would be required to comply with the provisions of HB 2299. Accordingly, the potential exists for increases in insurance premiums for the lines of insurance impacted by the proposed legislation.