Bill
HB 1073
85(R) - 2017
House Insurance
Senate Business & Commerce
House Insurance
Senate Business & Commerce
Insurance
Companion Bill
SB 520
Vote Recommendation
Yes
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Positive
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Neutral
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Neutral
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Positive
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Neutral
Author(s)
John Smithee
Sponsor(s)
Brandon Creighton
Bill Caption
Relating to provisional permits for certain insurance agents.
Fiscal Notes
From the Legislative Budget Board: No significant fiscal implication to the State is anticipated.
Bill Analysis
HB 1073 would amend the Insurance Code to add that the Department of Insurance may now issue a provisional permit for a life agent upon receipt of an application, fee, and certificate signed by the appointing agent, insurer, or health maintenance organization.
Vote Recommendation Notes
This bill enhances our free market and limited government principles by decreasing regulation on life insurance agent licenses with the issuing of provisional permits, making it easier for an individual to earn a living. We support HB 1073.
Organizations Supporting
Texas Association of Business
Texas Association of Life and Health Insurers
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