LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION March 24, 2017 TO: Honorable Larry Phillips, Chair, House Committee on Insurance FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2437 by Phillips (Relating to confidentiality of reports and related information for a solvency examination of an insurance carrier.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Insurance Code relating to confidentiality of reports and related information for a solvency examination of an insurance carrier. Based on information provided by the Texas Department of Insurance, this analysis assumes the 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, AG, EH, CP, CL LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION March 24, 2017 TO: Honorable Larry Phillips, Chair, House Committee on Insurance FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2437 by Phillips (Relating to confidentiality of reports and related information for a solvency examination of an insurance carrier.), As Introduced TO: Honorable Larry Phillips, Chair, House Committee on Insurance FROM: Ursula Parks, Director, Legislative Budget Board IN RE: HB2437 by Phillips (Relating to confidentiality of reports and related information for a solvency examination of an insurance carrier.), As Introduced Honorable Larry Phillips, Chair, House Committee on Insurance Honorable Larry Phillips, Chair, House Committee on Insurance Ursula Parks, Director, Legislative Budget Board Ursula Parks, Director, Legislative Budget Board HB2437 by Phillips (Relating to confidentiality of reports and related information for a solvency examination of an insurance carrier.), As Introduced HB2437 by Phillips (Relating to confidentiality of reports and related information for a solvency examination of an insurance carrier.), 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 confidentiality of reports and related information for a solvency examination of an insurance carrier. Based on information provided by the Texas Department of Insurance, this analysis assumes the 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, AG, EH, CP, CL UP, AG, EH, CP, CL