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:HB4242 by Smithee (Relating to notice of acceptance or rejection of an insurance claim.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Insurance Code to regarding a notice of acceptance or rejection of an insurance claim. Based on information provided by the Texas Department of Insurance, any costs associated with the implementation 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, 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:HB4242 by Smithee (Relating to notice of acceptance or rejection of an insurance claim.), As Introduced TO: Honorable John T. Smithee, Chair, House Committee on Insurance FROM: John S. O'Brien, Director, Legislative Budget Board IN RE: HB4242 by Smithee (Relating to notice of acceptance or rejection of an insurance claim.), 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 HB4242 by Smithee (Relating to notice of acceptance or rejection of an insurance claim.), As Introduced HB4242 by Smithee (Relating to notice of acceptance or rejection of an insurance claim.), 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 regarding a notice of acceptance or rejection of an insurance claim. Based on information provided by the Texas Department of Insurance, any costs associated with the implementation of this bill could be absorbed within existing agency resources. The bill would amend the Insurance Code to regarding a notice of acceptance or rejection of an insurance claim. Based on information provided by the Texas Department of Insurance, any costs associated with the implementation 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, KJG, CH JOB, KJG, CH