LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION Revision 1 May 23, 2013 TO: Honorable David Dewhurst, Lieutenant Governor, Senate FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1702 by Taylor (Relating to residential property insured by the Texas Windstorm Insurance Association.), As Passed 2nd House No significant fiscal implication to the State is anticipated. The bill would amend the Insurance Code relating to residential property insured by the Texas Windstorm Insurance Association. Based on information provided 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: UP, SD, ER, AG, RB, LXH LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION Revision 1 May 23, 2013 Revision 1 Revision 1 TO: Honorable David Dewhurst, Lieutenant Governor, Senate FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB1702 by Taylor (Relating to residential property insured by the Texas Windstorm Insurance Association.), As Passed 2nd House TO: Honorable David Dewhurst, Lieutenant Governor, Senate FROM: Ursula Parks, Director, Legislative Budget Board IN RE: SB1702 by Taylor (Relating to residential property insured by the Texas Windstorm Insurance Association.), As Passed 2nd House Honorable David Dewhurst, Lieutenant Governor, Senate Honorable David Dewhurst, Lieutenant Governor, Senate Ursula Parks, Director, Legislative Budget Board Ursula Parks, Director, Legislative Budget Board SB1702 by Taylor (Relating to residential property insured by the Texas Windstorm Insurance Association.), As Passed 2nd House SB1702 by Taylor (Relating to residential property insured by the Texas Windstorm Insurance Association.), As Passed 2nd House 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 residential property insured by the Texas Windstorm Insurance Association. Based on information provided 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. The bill would amend the Insurance Code relating to residential property insured by the Texas Windstorm Insurance Association. Based on information provided 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: UP, SD, ER, AG, RB, LXH UP, SD, ER, AG, RB, LXH