LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION May 13, 2009 TO: Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB3945 by Orr (Relating to a title insurance company affidavit as a release of lien.), As Engrossed No significant fiscal implication to the State is anticipated. The bill would amend the Insurance Code regarding title insurance company affidavits as release of a lien. Based on analysis provided by the Texas Department of Insurance, any costs associated with implementing the provisions 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, JRO, CH
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
May 13, 2009
TO: Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB3945 by Orr (Relating to a title insurance company affidavit as a release of lien.), As Engrossed
TO: Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: HB3945 by Orr (Relating to a title insurance company affidavit as a release of lien.), 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
HB3945 by Orr (Relating to a title insurance company affidavit as a release of lien.), As Engrossed
HB3945 by Orr (Relating to a title insurance company affidavit as a release of lien.), 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 regarding title insurance company affidavits as release of a lien. Based on analysis provided by the Texas Department of Insurance, any costs associated with implementing the provisions of this bill could be absorbed within existing resources.
The bill would amend the Insurance Code regarding title insurance company affidavits as release of a lien. Based on analysis provided by the Texas Department of Insurance, any costs associated with implementing the provisions 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, JRO, CH
JOB, JRO, CH