LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION March 25, 2011 TO: Honorable John T. Smithee, Chair, House Committee on Insurance FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB1267 by Smithee (Relating to the authority of certain counties and intergovernmental pools to require reimbursement for punitive damage coverage.), As Introduced No fiscal implication to the State is anticipated. The bill would amend the Local Government Code to enable counties, together with the intergovernmental pool providing liability coverages, the option of shifting some of the costs for punitive damage coverage to any of the county officials and employees who would be willing to reimburse for additional coverage. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: LBB Staff: JOB, KJG, TP
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION
March 25, 2011
TO: Honorable John T. Smithee, Chair, House Committee on Insurance FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB1267 by Smithee (Relating to the authority of certain counties and intergovernmental pools to require reimbursement for punitive damage coverage.), As Introduced
TO: Honorable John T. Smithee, Chair, House Committee on Insurance
FROM: John S O'Brien, Director, Legislative Budget Board
IN RE: HB1267 by Smithee (Relating to the authority of certain counties and intergovernmental pools to require reimbursement for punitive damage coverage.), 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
HB1267 by Smithee (Relating to the authority of certain counties and intergovernmental pools to require reimbursement for punitive damage coverage.), As Introduced
HB1267 by Smithee (Relating to the authority of certain counties and intergovernmental pools to require reimbursement for punitive damage coverage.), As Introduced
No fiscal implication to the State is anticipated.
No fiscal implication to the State is anticipated.
The bill would amend the Local Government Code to enable counties, together with the intergovernmental pool providing liability coverages, the option of shifting some of the costs for punitive damage coverage to any of the county officials and employees who would be willing to reimburse for additional coverage.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies:
LBB Staff: JOB, KJG, TP
JOB, KJG, TP