Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB1900 by Smithee (relating to notice of cancellation or nonrenewal of a property and casualty insurance policy.), Committee Report 2nd House, Substituted
No significant fiscal implication to the State is anticipated.
Based on the analysis of the 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.