LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION March 10, 2009 TO: Honorable John T. Smithee, Chair, House Committee on Insurance FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB1941 by Herrero (Relating to the election of the commissioner of insurance and qualifications of the commissioner and certain employees of the Texas Department of Insurance; providing civil penalties.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend statute and provide for the election of the commissioner of insurance. It is assumed that any additional costs associated with implementing the provisions of the bill could be absorbed within existing state resources. There would be a minimal revenue gain associated with additional filings fees. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:307 Secretary of State, 356 Texas Ethics Commission, 454 Department of Insurance LBB Staff: JOB, KJG, JM, CH
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
March 10, 2009
TO: Honorable John T. Smithee, Chair, House Committee on Insurance FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB1941 by Herrero (Relating to the election of the commissioner of insurance and qualifications of the commissioner and certain employees of the Texas Department of Insurance; providing civil penalties.), As Introduced
TO: Honorable John T. Smithee, Chair, House Committee on Insurance
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: HB1941 by Herrero (Relating to the election of the commissioner of insurance and qualifications of the commissioner and certain employees of the Texas Department of Insurance; providing civil penalties.), As Introduced
Honorable John T. Smithee, Chair, House Committee on Insurance
Honorable John T. Smithee, Chair, House Committee on Insurance
John S. O'Brien, Director, Legislative Budget Board
John S. O'Brien, Director, Legislative Budget Board
HB1941 by Herrero (Relating to the election of the commissioner of insurance and qualifications of the commissioner and certain employees of the Texas Department of Insurance; providing civil penalties.), As Introduced
HB1941 by Herrero (Relating to the election of the commissioner of insurance and qualifications of the commissioner and certain employees of the Texas Department of Insurance; providing civil penalties.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend statute and provide for the election of the commissioner of insurance. It is assumed that any additional costs associated with implementing the provisions of the bill could be absorbed within existing state resources. There would be a minimal revenue gain associated with additional filings fees.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: 307 Secretary of State, 356 Texas Ethics Commission, 454 Department of Insurance
307 Secretary of State, 356 Texas Ethics Commission, 454 Department of Insurance
LBB Staff: JOB, KJG, JM, CH
JOB, KJG, JM, CH