LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION March 17, 2023 TO: Honorable Tom Oliverson, Chair, House Committee on Insurance FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1554 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. Based on the analysis of the Department of Insurance and the Texas Funeral Service Commission, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. Local Government ImpactNo significant 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, LBl
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION
March 17, 2023
TO: Honorable Tom Oliverson, Chair, House Committee on Insurance FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1554 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: HB1554 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
HB1554 by Raymond (Relating to disclosure of a beneficiary to a funeral director under a life insurance policy.), As Introduced
HB1554 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.
Based on the analysis of the Department of Insurance and the Texas Funeral Service Commission, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.
Local Government Impact
No significant 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, LBl
JMc, AAL, LBl