LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION March 16, 2009 TO: Honorable John T. Smithee, Chair, House Committee on Insurance FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB2015 by Smithee (Relating to exclusions of certain persons from coverage under a motor vehicle insurance policy used as evidence of financial responsibility.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Insurance Code to allow a motor vehicle insurance policy holder to exclude certain persons from coverage of that policy. Based on analysis by the Texas Department of Insurance, any costs associated with implementing the provisions of the bill can be absorbed within existing resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:454 Department of Insurance LBB Staff: JOB, KJG, MW, CH
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
March 16, 2009
TO: Honorable John T. Smithee, Chair, House Committee on Insurance FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB2015 by Smithee (Relating to exclusions of certain persons from coverage under a motor vehicle insurance policy used as evidence of financial responsibility.), As Introduced
TO: Honorable John T. Smithee, Chair, House Committee on Insurance
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: HB2015 by Smithee (Relating to exclusions of certain persons from coverage under a motor vehicle insurance policy used as evidence of financial responsibility.), 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
HB2015 by Smithee (Relating to exclusions of certain persons from coverage under a motor vehicle insurance policy used as evidence of financial responsibility.), As Introduced
HB2015 by Smithee (Relating to exclusions of certain persons from coverage under a motor vehicle insurance policy used as evidence of financial responsibility.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend the Insurance Code to allow a motor vehicle insurance policy holder to exclude certain persons from coverage of that policy. Based on analysis by the Texas Department of Insurance, any costs associated with implementing the provisions of the bill can be absorbed within existing resources.
The bill would amend the Insurance Code to allow a motor vehicle insurance policy holder to exclude certain persons from coverage of that policy. Based on analysis by the Texas Department of Insurance, any costs associated with implementing the provisions of the bill can be absorbed within existing resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 454 Department of Insurance
454 Department of Insurance
LBB Staff: JOB, KJG, MW, CH
JOB, KJG, MW, CH