LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION April 29, 2013 TO: Honorable John T. Smithee, Chair, House Committee on Insurance FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB3694 by Smithee (Relating to the operation and oversight of the Texas Windstorm Insurance Association and other insurance entities; increasing a surcharge.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Insurance Code relating to the operation and oversight of the Texas Windstorm Insurance Association and other insurance entities and increasing a surcharge. Based on information provided by the Texas Department of Insurance, it is assumed that implementing the provisions of the bill could be accomplished utilizing existing staff and resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:454 Department of Insurance LBB Staff: UP, AG, ER
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION
April 29, 2013
TO: Honorable John T. Smithee, Chair, House Committee on Insurance FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB3694 by Smithee (Relating to the operation and oversight of the Texas Windstorm Insurance Association and other insurance entities; increasing a surcharge.), As Introduced
TO: Honorable John T. Smithee, Chair, House Committee on Insurance
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB3694 by Smithee (Relating to the operation and oversight of the Texas Windstorm Insurance Association and other insurance entities; increasing a surcharge.), As Introduced
Honorable John T. Smithee, Chair, House Committee on Insurance
Honorable John T. Smithee, Chair, House Committee on Insurance
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB3694 by Smithee (Relating to the operation and oversight of the Texas Windstorm Insurance Association and other insurance entities; increasing a surcharge.), As Introduced
HB3694 by Smithee (Relating to the operation and oversight of the Texas Windstorm Insurance Association and other insurance entities; increasing a surcharge.), 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 the operation and oversight of the Texas Windstorm Insurance Association and other insurance entities and increasing a surcharge. Based on information provided by the Texas Department of Insurance, it is assumed that implementing the provisions of the bill could be accomplished utilizing existing staff and 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: UP, AG, ER
UP, AG, ER