LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION April 5, 2021 TO: Honorable Tom Oliverson, Chair, House Committee on Insurance FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1451 by Herrero (Relating to the board of directors of the Texas Windstorm Insurance Association.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Insurance Code relating to the board of directors of the Texas Windstorm Insurance Association. Based on the analysis of the Office of the Governor and 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 > 300 Trusteed Programs - Gov, 454 Department of Insurance LBB Staff: b > td > JMc, AAL, MB, MPUK, WP, CMA
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
April 5, 2021
TO: Honorable Tom Oliverson, Chair, House Committee on Insurance FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1451 by Herrero (Relating to the board of directors of the Texas Windstorm Insurance Association.), As Introduced
TO: Honorable Tom Oliverson, Chair, House Committee on Insurance
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB1451 by Herrero (Relating to the board of directors of the Texas Windstorm Insurance Association.), As Introduced
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
HB1451 by Herrero (Relating to the board of directors of the Texas Windstorm Insurance Association.), As Introduced
HB1451 by Herrero (Relating to the board of directors of the Texas Windstorm Insurance Association.), As Introduced
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 the board of directors of the Texas Windstorm Insurance Association. Based on the analysis of the Office of the Governor and 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 > 300 Trusteed Programs - Gov, 454 Department of Insurance
300 Trusteed Programs - Gov, 454 Department of Insurance
LBB Staff: b > td > JMc, AAL, MB, MPUK, WP, CMA
JMc, AAL, MB, MPUK, WP, CMA