LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION April 14, 2023 TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB554 by Hughes (Relating to an appraisal procedure for disputed losses under personal automobile insurance policies.), As Introduced No significant fiscal implication to the State is anticipated. Based on the analysis of the Office of Court Administration and 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 > 212 Office of Court Administration, Texas Judicial Council, 454 Department of Insurance LBB Staff: b > td > JMc, SZ, LBl
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION
April 14, 2023
TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB554 by Hughes (Relating to an appraisal procedure for disputed losses under personal automobile insurance policies.), As Introduced
TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: SB554 by Hughes (Relating to an appraisal procedure for disputed losses under personal automobile insurance policies.), As Introduced
Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce
Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
SB554 by Hughes (Relating to an appraisal procedure for disputed losses under personal automobile insurance policies.), As Introduced
SB554 by Hughes (Relating to an appraisal procedure for disputed losses under personal automobile insurance policies.), 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 Office of Court Administration and 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 > 212 Office of Court Administration, Texas Judicial Council, 454 Department of Insurance
212 Office of Court Administration, Texas Judicial Council, 454 Department of Insurance
LBB Staff: b > td > JMc, SZ, LBl
JMc, SZ, LBl