LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION March 4, 2011 TO: Honorable John T. Smithee, Chair, House Committee on Insurance FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB1357 by Eiland (Relating to coverage for certain towing and storage expenses under a motor vehicle insurance policy.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Insurance Code relating to coverage for certain towing and storage expenses under a motor vehicle insurance policy. Based on the analysis by the Texas Department of Insurance, it is assumed that all duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:454 Department of Insurance LBB Staff: JOB, KJG, MW, CH LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION March 4, 2011 TO: Honorable John T. Smithee, Chair, House Committee on Insurance FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB1357 by Eiland (Relating to coverage for certain towing and storage expenses under a motor vehicle insurance policy.), As Introduced TO: Honorable John T. Smithee, Chair, House Committee on Insurance FROM: John S O'Brien, Director, Legislative Budget Board IN RE: HB1357 by Eiland (Relating to coverage for certain towing and storage expenses under a motor vehicle insurance policy.), 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 HB1357 by Eiland (Relating to coverage for certain towing and storage expenses under a motor vehicle insurance policy.), As Introduced HB1357 by Eiland (Relating to coverage for certain towing and storage expenses under a motor vehicle insurance policy.), 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 relating to coverage for certain towing and storage expenses under a motor vehicle insurance policy. Based on the analysis by the Texas Department of Insurance, it is assumed that all duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing 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, KJG, MW, CH JOB, KJG, MW, CH