LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION March 28, 2021 TO: Honorable Tom Oliverson, Chair, House Committee on Insurance FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB113 by Oliverson (relating to peer-to-peer car sharing programs.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. The bill would amend the Business & Commerce Code relating to liability and insurance requirements for peer-to-peer car sharing programs. Based on information provided by the Texas Department of Insurance, this analysis assumes that the duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. Local Government ImpactNo fiscal implication to units of local government is anticipated. Source Agencies: b > td > 454 Department of Insurance LBB Staff: b > td > JMc, AAL, MB, MPUK LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION March 28, 2021 TO: Honorable Tom Oliverson, Chair, House Committee on Insurance FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB113 by Oliverson (relating to peer-to-peer car sharing programs.), Committee Report 1st House, Substituted TO: Honorable Tom Oliverson, Chair, House Committee on Insurance FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB113 by Oliverson (relating to peer-to-peer car sharing programs.), Committee Report 1st House, Substituted Honorable Tom Oliverson, Chair, House Committee on Insurance Honorable Tom Oliverson, Chair, House Committee on Insurance Jerry McGinty, Director, Legislative Budget Board Jerry McGinty, Director, Legislative Budget Board HB113 by Oliverson (relating to peer-to-peer car sharing programs.), Committee Report 1st House, Substituted HB113 by Oliverson (relating to peer-to-peer car sharing programs.), 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 Business & Commerce Code relating to liability and insurance requirements for peer-to-peer car sharing programs. Based on information provided by the Texas Department of Insurance, this analysis assumes 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: b > td > 454 Department of Insurance 454 Department of Insurance LBB Staff: b > td > JMc, AAL, MB, MPUK JMc, AAL, MB, MPUK