LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION May 22, 2015 TO: Honorable Kevin Eltife, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB3938 by Longoria ( Relating to single premium term life insurance offered in connection with certain consumer loans.), Committee Report 2nd House, Substituted No fiscal implication to the State is anticipated. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:454 Department of Insurance LBB Staff: UP, CL, ER, NHe LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION May 22, 2015 TO: Honorable Kevin Eltife, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB3938 by Longoria ( Relating to single premium term life insurance offered in connection with certain consumer loans.), Committee Report 2nd House, Substituted TO: Honorable Kevin Eltife, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE: HB3938 by Longoria ( Relating to single premium term life insurance offered in connection with certain consumer loans.), Committee Report 2nd House, Substituted Honorable Kevin Eltife, Chair, Senate Committee on Business & Commerce Honorable Kevin Eltife, Chair, Senate Committee on Business & Commerce Ursula Parks, Director, Legislative Budget Board Ursula Parks, Director, Legislative Budget Board HB3938 by Longoria ( Relating to single premium term life insurance offered in connection with certain consumer loans.), Committee Report 2nd House, Substituted HB3938 by Longoria ( Relating to single premium term life insurance offered in connection with certain consumer loans.), Committee Report 2nd House, Substituted No fiscal implication to the State is anticipated. No fiscal implication to the State is anticipated. 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, CL, ER, NHe UP, CL, ER, NHe