LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 17, 2009 TO: Honorable John T. Smithee, Chair, House Committee on Insurance FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB2451 by Eiland (Relating to insurance premium finance agreements regulated by the Texas Department of Insurance.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Insurance Code regarding insurance premium finance agreements regulated by the Texas Department of Insurance (TDI). Based on analysis provided by TDI, any costs associated with the implementation of this bill could 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, CH LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 17, 2009 TO: Honorable John T. Smithee, Chair, House Committee on Insurance FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB2451 by Eiland (Relating to insurance premium finance agreements regulated by the Texas Department of Insurance.), As Introduced TO: Honorable John T. Smithee, Chair, House Committee on Insurance FROM: John S. O'Brien, Director, Legislative Budget Board IN RE: HB2451 by Eiland (Relating to insurance premium finance agreements regulated by the Texas Department of Insurance.), 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 HB2451 by Eiland (Relating to insurance premium finance agreements regulated by the Texas Department of Insurance.), As Introduced HB2451 by Eiland (Relating to insurance premium finance agreements regulated by the Texas Department of Insurance.), 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 regarding insurance premium finance agreements regulated by the Texas Department of Insurance (TDI). Based on analysis provided by TDI, any costs associated with the implementation of this bill could 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, CH JOB, KJG, CH