LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION April 7, 2025 TO: Honorable Jay Dean, Chair, House Committee on Insurance FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3021 by Smithee (Relating to the use of a consumer's credit score in the underwriting or rating of certain personal lines property and casualty insurance policies.), 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 > 454 Department of Insurance, 466 Office of Consumer Credit Commissioner LBB Staff: b > td > JMc, AAL, BFa, RStu
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION
April 7, 2025
TO: Honorable Jay Dean, Chair, House Committee on Insurance FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3021 by Smithee (Relating to the use of a consumer's credit score in the underwriting or rating of certain personal lines property and casualty insurance policies.), As Introduced
TO: Honorable Jay Dean, Chair, House Committee on Insurance
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB3021 by Smithee (Relating to the use of a consumer's credit score in the underwriting or rating of certain personal lines property and casualty insurance policies.), 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
HB3021 by Smithee (Relating to the use of a consumer's credit score in the underwriting or rating of certain personal lines property and casualty insurance policies.), As Introduced
HB3021 by Smithee (Relating to the use of a consumer's credit score in the underwriting or rating of certain personal lines property and casualty insurance policies.), 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 > 454 Department of Insurance, 466 Office of Consumer Credit Commissioner
454 Department of Insurance, 466 Office of Consumer Credit Commissioner
LBB Staff: b > td > JMc, AAL, BFa, RStu
JMc, AAL, BFa, RStu