LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION March 8, 2017 TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB10 by Hancock (Relating to insurance claims and certain prohibited acts and practices in the business of insurance.), As Introduced No significant fiscal implication to the State is anticipated. This bill would amend the Business & Commerce Code and the Insurance Code relating to insurance claims and certain prohibited acts and practices in the business of insurance. Based on information provided by the Texas Department of Insurance and the Office of Court Administration, it is assumed that 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:212 Office of Court Administration, Texas Judicial Council, 454 Department of Insurance LBB Staff: UP, CL, EH, CP LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION March 8, 2017 TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB10 by Hancock (Relating to insurance claims and certain prohibited acts and practices in the business of insurance.), As Introduced TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE: SB10 by Hancock (Relating to insurance claims and certain prohibited acts and practices in the business of insurance.), As Introduced 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 SB10 by Hancock (Relating to insurance claims and certain prohibited acts and practices in the business of insurance.), As Introduced SB10 by Hancock (Relating to insurance claims and certain prohibited acts and practices in the business of insurance.), As Introduced No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. This bill would amend the Business & Commerce Code and the Insurance Code relating to insurance claims and certain prohibited acts and practices in the business of insurance. Based on information provided by the Texas Department of Insurance and the Office of Court Administration, it is assumed that 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: 212 Office of Court Administration, Texas Judicial Council, 454 Department of Insurance 212 Office of Court Administration, Texas Judicial Council, 454 Department of Insurance LBB Staff: UP, CL, EH, CP UP, CL, EH, CP