LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION May 4, 2009 TO: Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB149 by Ellis (Relating to the availability of property insurance under the Fair Access to Insurance Requirements (FAIR) Plan.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Insurance Code to relating to the availability of property insurance under the Fair Access to Insurance Requirements (FAIR) Plan. Based on the analysis 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, JRO, CH
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
May 4, 2009
TO: Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB149 by Ellis (Relating to the availability of property insurance under the Fair Access to Insurance Requirements (FAIR) Plan.), As Introduced
TO: Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: SB149 by Ellis (Relating to the availability of property insurance under the Fair Access to Insurance Requirements (FAIR) Plan.), 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
SB149 by Ellis (Relating to the availability of property insurance under the Fair Access to Insurance Requirements (FAIR) Plan.), As Introduced
SB149 by Ellis (Relating to the availability of property insurance under the Fair Access to Insurance Requirements (FAIR) Plan.), 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 relating to the availability of property insurance under the Fair Access to Insurance Requirements (FAIR) Plan. Based on the analysis 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, JRO, CH
JOB, JRO, CH