LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION May 11, 2009 TO: Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB2877 by Sheffield (Relating to liability insurance closed claim reports.), As Engrossed No significant fiscal implication to the State is anticipated. The bill would amend the Insurance Code relating to liability insurance closed claim reports. The bill would result in the Texas Department of Insurance (TDI) amending publications relating to the reports. TDI indicates that any costs associated with the provisions of this bill could be absorbed within existing agency resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:454 Department of Insurance LBB Staff: JOB, JRO, KJG, CH
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
May 11, 2009
TO: Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB2877 by Sheffield (Relating to liability insurance closed claim reports.), As Engrossed
TO: Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: HB2877 by Sheffield (Relating to liability insurance closed claim reports.), As Engrossed
Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce
Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce
John S. O'Brien, Director, Legislative Budget Board
John S. O'Brien, Director, Legislative Budget Board
HB2877 by Sheffield (Relating to liability insurance closed claim reports.), As Engrossed
HB2877 by Sheffield (Relating to liability insurance closed claim reports.), As Engrossed
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 relating to liability insurance closed claim reports. The bill would result in the Texas Department of Insurance (TDI) amending publications relating to the reports. TDI indicates that any costs associated with the provisions of this bill could be absorbed within existing agency 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, JRO, KJG, CH
JOB, JRO, KJG, CH