LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION April 20, 2017 TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB915 by Thompson, Ed (Relating to named driver insurance policies and certain related exclusions.), As Engrossed No significant fiscal implication to the State is anticipated. The bill would amend the Insurance Code and the Transportation Code relating to named driver insurance policies and certain related exclusions. 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, ER LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION April 20, 2017 TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB915 by Thompson, Ed (Relating to named driver insurance policies and certain related exclusions.), As Engrossed TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE: HB915 by Thompson, Ed (Relating to named driver insurance policies and certain related exclusions.), As Engrossed Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce Ursula Parks, Director, Legislative Budget Board Ursula Parks, Director, Legislative Budget Board HB915 by Thompson, Ed (Relating to named driver insurance policies and certain related exclusions.), As Engrossed HB915 by Thompson, Ed (Relating to named driver insurance policies and certain related exclusions.), As Engrossed 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 and the Transportation Code relating to named driver insurance policies and certain related exclusions. 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, ER UP, AG, EH, CP, CL, ER