LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION April 22, 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.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. It is assumed that the costs associated with the bill's provisions relating to disclosure of a beneficiary to a funeral director under a life insurance policy 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 April 22, 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.), Committee Report 1st House, Substituted 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.), 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 HB643 by Raymond (relating to disclosure of a beneficiary to a funeral director under a life insurance policy.), Committee Report 1st House, Substituted HB643 by Raymond (relating to disclosure of a beneficiary to a funeral director under a life insurance policy.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. It is assumed that the costs associated with the bill's provisions relating to disclosure of a beneficiary to a funeral director under a life insurance policy 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