LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION April 1, 2025 TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1644 by Schwertner (relating to the use of a consumer s credit score in the underwriting or rating of certain personal lines property and casualty insurance policies.), Committee Report 1st House, Substituted 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, RStu, BFa
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION
April 1, 2025
TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: SB1644 by Schwertner (relating to the use of a consumer s credit score in the underwriting or rating of certain personal lines property and casualty insurance policies.), Committee Report 1st House, Substituted
TO: Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: SB1644 by Schwertner (relating to the use of a consumer s credit score in the underwriting or rating of certain personal lines property and casualty insurance policies.), Committee Report 1st House, Substituted
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
SB1644 by Schwertner (relating to the use of a consumer s credit score in the underwriting or rating of certain personal lines property and casualty insurance policies.), Committee Report 1st House, Substituted
SB1644 by Schwertner (relating to the use of a consumer s credit score in the underwriting or rating of certain personal lines property and casualty insurance policies.), Committee Report 1st House, Substituted
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, RStu, BFa
JMc, RStu, BFa