LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION May 21, 2021 TO: Honorable Joan Huffman, Chair, Senate Committee on Jurisprudence FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB769 by Middleton (relating to the administration of the Texas Windstorm Insurance 3 Association.), Committee Report 2nd House, Substituted No significant fiscal implication to the State is anticipated. The bill would amend the Insurance Code relating to the administration of the Texas Windstorm Insurance Association (TWIA). It is assumed that the duties and responsibilities associated withimplementing 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 > 304 Comptroller of Public Accounts, 454 Department of Insurance LBB Staff: b > td > JMc, SLE, MB, MPUK, AAL, SD
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
May 21, 2021
TO: Honorable Joan Huffman, Chair, Senate Committee on Jurisprudence FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB769 by Middleton (relating to the administration of the Texas Windstorm Insurance 3 Association.), Committee Report 2nd House, Substituted
TO: Honorable Joan Huffman, Chair, Senate Committee on Jurisprudence
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB769 by Middleton (relating to the administration of the Texas Windstorm Insurance 3 Association.), Committee Report 2nd House, Substituted
Honorable Joan Huffman, Chair, Senate Committee on Jurisprudence
Honorable Joan Huffman, Chair, Senate Committee on Jurisprudence
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB769 by Middleton (relating to the administration of the Texas Windstorm Insurance 3 Association.), Committee Report 2nd House, Substituted
HB769 by Middleton (relating to the administration of the Texas Windstorm Insurance 3 Association.), Committee Report 2nd 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 Insurance Code relating to the administration of the Texas Windstorm Insurance Association (TWIA). It is assumed that the duties and responsibilities associated withimplementing 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 > 304 Comptroller of Public Accounts, 454 Department of Insurance
304 Comptroller of Public Accounts, 454 Department of Insurance
LBB Staff: b > td > JMc, SLE, MB, MPUK, AAL, SD
JMc, SLE, MB, MPUK, AAL, SD