Texas 2025 89th Regular

Texas Senate Bill SB1006 Fiscal Note / Fiscal Note

Filed 03/03/2025

                    LEGISLATIVE BUDGET BOARD     Austin, Texas       FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION             March 3, 2025       TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce     FROM: Jerry McGinty, Director, Legislative Budget Board      IN RE: SB1006 by Middleton (Relating to declination, cancellation, or nonrenewal of 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  LBB Staff: b > td > JMc, RStu, GDZ, BFa

LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION
March 3, 2025

 

 

  TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce     FROM: Jerry McGinty, Director, Legislative Budget Board      IN RE: SB1006 by Middleton (Relating to declination, cancellation, or nonrenewal of insurance policies.), As Introduced   

TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: SB1006 by Middleton (Relating to declination, cancellation, or nonrenewal of 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 

 SB1006 by Middleton (Relating to declination, cancellation, or nonrenewal of insurance policies.), As Introduced 

 SB1006 by Middleton (Relating to declination, cancellation, or nonrenewal of 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

454 Department of Insurance

LBB Staff: b > td > JMc, RStu, GDZ, BFa

JMc, RStu, GDZ, BFa