Bill: HB 3045, 87(R) - 2021

Committee

House Insurance

2nd Chamber Committee

Senate Business and Commerce

Vote Recommendation

Vote Recommendation Economic Freedom Property Rights Personal Responsibility Limited Government Individual Liberty
Neutral Neutral Neutral Neutral Neutral Neutral

Author(s)

Lacey Hull

Sponsor(s)

Angela Paxton

Bill Caption

Relating to financial regulation of certain life, health, and accident insurers and health maintenance organizations.

Fiscal Notes

No significant fiscal implication to the State is anticipated.


Bill Analysis

HB 3045 would allow a health maintenance organization to, at its option and after receiving commissioner approval, deposit with the comptroller cash, securities, or any combination of cash, securities, and other guarantees. The bill would also allow a health maintenance organization to, at its option and after receiving commissioner approval, withdraw any portion of a deposit described above.

Vote Recommendation Notes

Texas Action is neutral on HB 3045.


Source URL (retrieved on 04/19/2024 05:04 PM): http://reports.texasaction.com/bill/87r/hb3045?print_view=true