LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION April 12, 2021 TO: Honorable Tom Oliverson, Chair, House Committee on Insurance FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB359 by Geren (Relating to recovery under uninsured and underinsured motorist insurance coverage.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Insurance Code relating to recovery under uninsured and underinsured motorist insurance coverage. Based on information provided by the Texas Department of Insurance and Department of Criminal Justice, 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, 696 Department of Criminal Justice LBB Staff: b > td > JMc, AAL, MB, MPUK LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION April 12, 2021 TO: Honorable Tom Oliverson, Chair, House Committee on Insurance FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB359 by Geren (Relating to recovery under uninsured and underinsured motorist insurance coverage.), As Introduced TO: Honorable Tom Oliverson, Chair, House Committee on Insurance FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB359 by Geren (Relating to recovery under uninsured and underinsured motorist insurance coverage.), 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 HB359 by Geren (Relating to recovery under uninsured and underinsured motorist insurance coverage.), As Introduced HB359 by Geren (Relating to recovery under uninsured and underinsured motorist insurance coverage.), 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 recovery under uninsured and underinsured motorist insurance coverage. Based on information provided by the Texas Department of Insurance and Department of Criminal Justice, 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, 696 Department of Criminal Justice 454 Department of Insurance, 696 Department of Criminal Justice LBB Staff: b > td > JMc, AAL, MB, MPUK JMc, AAL, MB, MPUK