LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION April 24, 2015 TO: Honorable John Frullo, Chair, House Committee on Insurance FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2424 by Thompson, Senfronia (Relating to fees paid to the Automobile Burglary and Theft Prevention Authority.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. The bill would amend Article 4413(37), Revised Statutes, relating to fees paid to the Automobile Burglary and Theft Prevention Authority. The bill would amend Section 6A, stipulating that a request by an insurer for a refund made under this section is valid regardless of the date the request was made or payment was made for which the refund is requested.Based on the information provided by the Texas Department of Insurance and the Comptroller's Office, it is assumed the provisions of the bill would not result in a significant impact to revenue collections. Because the timing and amount of any requests for refund that would be authorized under the provisions of the bill are unknown, the impact of changes to provisions governing a request for a refund by an insurer cannot be estimated. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:304 Comptroller of Public Accounts, 454 Department of Insurance, 608 Department of Motor Vehicles LBB Staff: UP, AG, NV, TG
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION
April 24, 2015
TO: Honorable John Frullo, Chair, House Committee on Insurance FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2424 by Thompson, Senfronia (Relating to fees paid to the Automobile Burglary and Theft Prevention Authority.), Committee Report 1st House, Substituted
TO: Honorable John Frullo, Chair, House Committee on Insurance
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB2424 by Thompson, Senfronia (Relating to fees paid to the Automobile Burglary and Theft Prevention Authority.), Committee Report 1st House, Substituted
Honorable John Frullo, Chair, House Committee on Insurance
Honorable John Frullo, Chair, House Committee on Insurance
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB2424 by Thompson, Senfronia (Relating to fees paid to the Automobile Burglary and Theft Prevention Authority.), Committee Report 1st House, Substituted
HB2424 by Thompson, Senfronia (Relating to fees paid to the Automobile Burglary and Theft Prevention Authority.), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend Article 4413(37), Revised Statutes, relating to fees paid to the Automobile Burglary and Theft Prevention Authority. The bill would amend Section 6A, stipulating that a request by an insurer for a refund made under this section is valid regardless of the date the request was made or payment was made for which the refund is requested.Based on the information provided by the Texas Department of Insurance and the Comptroller's Office, it is assumed the provisions of the bill would not result in a significant impact to revenue collections. Because the timing and amount of any requests for refund that would be authorized under the provisions of the bill are unknown, the impact of changes to provisions governing a request for a refund by an insurer cannot be estimated.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 304 Comptroller of Public Accounts, 454 Department of Insurance, 608 Department of Motor Vehicles
304 Comptroller of Public Accounts, 454 Department of Insurance, 608 Department of Motor Vehicles
LBB Staff: UP, AG, NV, TG
UP, AG, NV, TG