LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION March 21, 2025 TO: Honorable Jay Dean, Chair, House Committee on Insurance FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB2275 by Morgan (Relating to arbitration provisions in surplus lines insurance contracts.), 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 fiscal implication to units of local government is anticipated. Source Agencies: b > td > 454 Department of Insurance LBB Staff: b > td > JMc, AAL, BFa, RStu, GDZ LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION March 21, 2025 TO: Honorable Jay Dean, Chair, House Committee on Insurance FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB2275 by Morgan (Relating to arbitration provisions in surplus lines insurance contracts.), As Introduced TO: Honorable Jay Dean, Chair, House Committee on Insurance FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB2275 by Morgan (Relating to arbitration provisions in surplus lines insurance contracts.), As Introduced Honorable Jay Dean, Chair, House Committee on Insurance Honorable Jay Dean, Chair, House Committee on Insurance Jerry McGinty, Director, Legislative Budget Board Jerry McGinty, Director, Legislative Budget Board HB2275 by Morgan (Relating to arbitration provisions in surplus lines insurance contracts.), As Introduced HB2275 by Morgan (Relating to arbitration provisions in surplus lines insurance contracts.), 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 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, BFa, RStu, GDZ JMc, AAL, BFa, RStu, GDZ