LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION March 23, 2023 TO: Honorable Tom Oliverson, Chair, House Committee on Insurance FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1706 by Perez (relating to the right of an insured to enter into a contract with a public insurance adjuster.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. Based on the analysis of the Department of Insurance, 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 LBB Staff: b > td > JMc, AAL, LBl, GDZ LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION March 23, 2023 TO: Honorable Tom Oliverson, Chair, House Committee on Insurance FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1706 by Perez (relating to the right of an insured to enter into a contract with a public insurance adjuster.), Committee Report 1st House, Substituted TO: Honorable Tom Oliverson, Chair, House Committee on Insurance FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1706 by Perez (relating to the right of an insured to enter into a contract with a public insurance adjuster.), 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 HB1706 by Perez (relating to the right of an insured to enter into a contract with a public insurance adjuster.), Committee Report 1st House, Substituted HB1706 by Perez (relating to the right of an insured to enter into a contract with a public insurance adjuster.), Committee Report 1st House, Substituted 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, 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 454 Department of Insurance LBB Staff: b > td > JMc, AAL, LBl, GDZ JMc, AAL, LBl, GDZ