This fiscal note contains 3 pages. Officials of the Department of Insurance assume this proposal would have no fiscal impact on small business, and would not affect total state revenues. Officials assume no fiscal impact to their department.
Oversight assumes no local fiscal impact.
No direct fiscal impact to small businesses would be expected as a result of this proposal. The current statute does not reference public corporations formed for self-insurance purposes. The provisions for those corporations are found in sovereign immunity statutes and do allow for certain distributions.