Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB4194 by Perez (relating to an appraisal process for disputed losses under personal automobile or residential property insurance policies.), Committee Report 2nd House, Substituted
No significant fiscal implication to the State is anticipated.
Based on the analysis of the Department of Insurance, any 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.