Bill: SB 520, 85(R) - 2017
Committee
Senate Business & Commerce
Companion Bill
HB 1073
Vote Recommendation
| Vote Recommendation |
Economic Freedom |
Property Rights |
Personal Responsibility |
Limited Government |
Individual Liberty |
| Yes |
Positive |
Neutral |
Neutral |
Positive |
Neutral |
Author(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
SB 520 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 agent licenses making it easier for an individual to earn a living. We support SB 520.
Organizations Supporting
Texas Association of Business
Voya Financial Services
