LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 9, 2009 TO: Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB1335 by Hegar (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 regarding the notice of acceptance or rejection of an insurance claim. Based on analysis provided by the Texas Department of Insurance, any costs associated with implementing the provisions of the 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, CH
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
April 9, 2009
TO: Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB1335 by Hegar (Relating to notice of acceptance or rejection of an insurance claim.), As Introduced
TO: Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: SB1335 by Hegar (Relating to notice of acceptance or rejection of an insurance claim.), As Introduced
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
SB1335 by Hegar (Relating to notice of acceptance or rejection of an insurance claim.), As Introduced
SB1335 by Hegar (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 regarding the notice of acceptance or rejection of an insurance claim. Based on analysis provided by the Texas Department of Insurance, any costs associated with implementing the provisions of the 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, CH
JOB, JRO, CH