LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 16, 2023 TO: Honorable Tom Oliverson, Chair, House Committee on Insurance FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1716 by Guillen (Relating to the minimum motor vehicle liability insurance coverage requirement for damage to or destruction of property of others.), As Introduced No significant fiscal implication to the State is anticipated. It is assumed that any costs associated with the bill could be absorbed using existing resources. Local Government ImpactNo significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 405 Department of Public Safety LBB Staff: b > td > JMc, AAL, KFB, DA LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 16, 2023 TO: Honorable Tom Oliverson, Chair, House Committee on Insurance FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1716 by Guillen (Relating to the minimum motor vehicle liability insurance coverage requirement for damage to or destruction of property of others.), As Introduced TO: Honorable Tom Oliverson, Chair, House Committee on Insurance FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB1716 by Guillen (Relating to the minimum motor vehicle liability insurance coverage requirement for damage to or destruction of property of others.), 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 HB1716 by Guillen (Relating to the minimum motor vehicle liability insurance coverage requirement for damage to or destruction of property of others.), As Introduced HB1716 by Guillen (Relating to the minimum motor vehicle liability insurance coverage requirement for damage to or destruction of property of others.), As Introduced No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. It is assumed that any costs associated with the bill could be absorbed using existing resources. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: b > td > 405 Department of Public Safety 405 Department of Public Safety LBB Staff: b > td > JMc, AAL, KFB, DA JMc, AAL, KFB, DA