Honorable John T. Smithee, Chair, House Committee on Insurance
FROM:
John Keel, Director, Legislative Budget Board
IN RE:
HB114 by Burnam (Relating to rates for certain lines of property and casualty insurance.), As Introduced
No significant fiscal implication to the State is anticipated.
The Texas Department of Insurance indicates it would incur a small cost associated with the implementation of the bill. It is assumed this cost could be absorbed by the agency within its existing resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.