LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION May 27, 2021 TO: Honorable Dade Phelan, Speaker of the House, House of Representatives FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB769 by Middleton (Relating to the administration of the Texas Windstorm Insurance Association.), As Passed 2nd House 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, LBO, MB, MPUK, SLE, AAL, SD
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
May 27, 2021
TO: Honorable Dade Phelan, Speaker of the House, House of Representatives FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB769 by Middleton (Relating to the administration of the Texas Windstorm Insurance Association.), As Passed 2nd House
TO: Honorable Dade Phelan, Speaker of the House, House of Representatives
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB769 by Middleton (Relating to the administration of the Texas Windstorm Insurance Association.), As Passed 2nd House
Honorable Dade Phelan, Speaker of the House, House of Representatives
Honorable Dade Phelan, Speaker of the House, House of Representatives
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB769 by Middleton (Relating to the administration of the Texas Windstorm Insurance Association.), As Passed 2nd House
HB769 by Middleton (Relating to the administration of the Texas Windstorm Insurance Association.), As Passed 2nd House
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, LBO, MB, MPUK, SLE, AAL, SD
JMc, LBO, MB, MPUK, SLE, AAL, SD