LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION April 10, 2015 TO: Honorable Joan Huffman, Chair, Senate Committee on State Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB491 by Schwertner (Relating to consideration of asbestos or silica trust claims in certain actions asserting asbestos- or silica-related injuries.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Civil Practice and Remedies Code to define an "asbestos or silica trust" and the various terms and procedures for filing a claim asserting an asbestos or silica-related injury with a trust. Sanctions for a claimant's failure to provide notice in a pending suit or prior claim are also defined and procedures for stay of a pending suit involving an asbestos or silica-related injury while the claimant makes a claim against an asbestos or silica trust. Based on the analysis of the Office of Court Administration, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:212 Office of Court Administration, Texas Judicial Council LBB Staff: UP, AG, MW, TB, FR, GDz
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION
April 10, 2015
TO: Honorable Joan Huffman, Chair, Senate Committee on State Affairs FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB491 by Schwertner (Relating to consideration of asbestos or silica trust claims in certain actions asserting asbestos- or silica-related injuries.), As Introduced
TO: Honorable Joan Huffman, Chair, Senate Committee on State Affairs
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: SB491 by Schwertner (Relating to consideration of asbestos or silica trust claims in certain actions asserting asbestos- or silica-related injuries.), As Introduced
Honorable Joan Huffman, Chair, Senate Committee on State Affairs
Honorable Joan Huffman, Chair, Senate Committee on State Affairs
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
SB491 by Schwertner (Relating to consideration of asbestos or silica trust claims in certain actions asserting asbestos- or silica-related injuries.), As Introduced
SB491 by Schwertner (Relating to consideration of asbestos or silica trust claims in certain actions asserting asbestos- or silica-related injuries.), 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 Civil Practice and Remedies Code to define an "asbestos or silica trust" and the various terms and procedures for filing a claim asserting an asbestos or silica-related injury with a trust. Sanctions for a claimant's failure to provide notice in a pending suit or prior claim are also defined and procedures for stay of a pending suit involving an asbestos or silica-related injury while the claimant makes a claim against an asbestos or silica trust. Based on the analysis of the Office of Court Administration, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: 212 Office of Court Administration, Texas Judicial Council
212 Office of Court Administration, Texas Judicial Council
LBB Staff: UP, AG, MW, TB, FR, GDz
UP, AG, MW, TB, FR, GDz