LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION March 8, 2021 TO: Honorable Tom Oliverson, Chair, House Committee on Insurance FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB643 by Raymond (Relating to disclosure of a beneficiary to a funeral director under a life insurance policy.), As Introduced No significant fiscal implication to the State is anticipated. Relating to the disclosure of a beneficiary under a life insurance policy, upon request, to a funeral director that is directing an insured's funeral. It is assumed that the provisions of the bill relating to disclosure of a beneficiary under a life insurance policy to a funeral director could be absorbed using existing resources. Local Government ImpactNo fiscal implication to units of local government is anticipated. Source Agencies: b > td > 454 Department of Insurance, 513 Funeral Service Commission LBB Staff: b > td > JMc, AAL, MB, RRe
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
March 8, 2021
TO: Honorable Tom Oliverson, Chair, House Committee on Insurance FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB643 by Raymond (Relating to disclosure of a beneficiary to a funeral director under a life insurance policy.), As Introduced
TO: Honorable Tom Oliverson, Chair, House Committee on Insurance
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB643 by Raymond (Relating to disclosure of a beneficiary to a funeral director under a life insurance policy.), 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
HB643 by Raymond (Relating to disclosure of a beneficiary to a funeral director under a life insurance policy.), As Introduced
HB643 by Raymond (Relating to disclosure of a beneficiary to a funeral director under a life insurance policy.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
Relating to the disclosure of a beneficiary under a life insurance policy, upon request, to a funeral director that is directing an insured's funeral. It is assumed that the provisions of the bill relating to disclosure of a beneficiary under a life insurance policy to a funeral director could be absorbed using existing resources.
Relating to the disclosure of a beneficiary under a life insurance policy, upon request, to a funeral director that is directing an insured's funeral.
It is assumed that the provisions of the bill relating to disclosure of a beneficiary under a life insurance policy to a funeral director could be absorbed using existing resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: b > td > 454 Department of Insurance, 513 Funeral Service Commission
454 Department of Insurance, 513 Funeral Service Commission
LBB Staff: b > td > JMc, AAL, MB, RRe
JMc, AAL, MB, RRe