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Summary: HB 2163 would require out-of-state insurers who do business in Texas to undergo the overheard examination assessment and contribute to a self-leveling fund, as is required of domestic insurers. This would create a fee for the out of state insurers while lowering the fee for the Texas-based companies.
Analysis: HB 2163 would infringe on the property rights of the out-of-state companies by issuing a new tax but also support the property rights of the domestic companies by lowering their burden. We are neutral on this legislation.
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