LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION April 21, 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 actions on and liability associated with certain insurance claims.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. The bill would amend the Insurance Code relating to actions on and liability associated with certain insurance claims. 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, AG, EH, CP, CL LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION April 21, 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 actions on and liability associated with certain insurance claims.), Committee Report 1st House, Substituted TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE: SB10 by Hancock (Relating to actions on and liability associated with certain insurance claims.), Committee Report 1st House, Substituted 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 actions on and liability associated with certain insurance claims.), Committee Report 1st House, Substituted SB10 by Hancock (Relating to actions on and liability associated with certain insurance claims.), Committee Report 1st House, Substituted 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 actions on and liability associated with certain insurance claims. 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, AG, EH, CP, CL UP, AG, EH, CP, CL