LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION May 4, 2017 TO: Honorable Larry Phillips, Chair, House Committee on Insurance FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB563 by Hancock (Relating to the definition of commercial property insurance for purposes of certain provisions governing insurance rates and policy forms.), As Engrossed No fiscal implication to the State is anticipated. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:454 Department of Insurance LBB Staff: UP, CL, EH, CP, AG LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION May 4, 2017 TO: Honorable Larry Phillips, Chair, House Committee on Insurance FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB563 by Hancock (Relating to the definition of commercial property insurance for purposes of certain provisions governing insurance rates and policy forms.), As Engrossed TO: Honorable Larry Phillips, Chair, House Committee on Insurance FROM: Ursula Parks, Director, Legislative Budget Board IN RE: SB563 by Hancock (Relating to the definition of commercial property insurance for purposes of certain provisions governing insurance rates and policy forms.), As Engrossed 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 SB563 by Hancock (Relating to the definition of commercial property insurance for purposes of certain provisions governing insurance rates and policy forms.), As Engrossed SB563 by Hancock (Relating to the definition of commercial property insurance for purposes of certain provisions governing insurance rates and policy forms.), As Engrossed No fiscal implication to the State is anticipated. No fiscal implication to the State is anticipated. 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, CL, EH, CP, AG UP, CL, EH, CP, AG