LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION March 31, 2017 TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB718 by Creighton (Relating to the regulation of insurance adjusters.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. This bill would amend the Insurance Code relating to the regulation of insurance adjusters. Based on the LBB's analysis of the Texas Department of Insurance, it is assumed there could be a minimal impact on adjuster licenses and applications associated with implementing the provisions of the bill, but it is anticipated to not have a significant fiscal impact. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:454 Department of Insurance LBB Staff: UP, CP, CL, EH
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION
March 31, 2017
TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB718 by Creighton (Relating to the regulation of insurance adjusters.), Committee Report 1st House, Substituted
TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: SB718 by Creighton (Relating to the regulation of insurance adjusters.), 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
SB718 by Creighton (Relating to the regulation of insurance adjusters.), Committee Report 1st House, Substituted
SB718 by Creighton (Relating to the regulation of insurance adjusters.), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
This bill would amend the Insurance Code relating to the regulation of insurance adjusters. Based on the LBB's analysis of the Texas Department of Insurance, it is assumed there could be a minimal impact on adjuster licenses and applications associated with implementing the provisions of the bill, but it is anticipated to not have a significant fiscal impact.
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, CP, CL, EH
UP, CP, CL, EH