TO: | Honorable John T. Smithee, Chair, House Committee on Insurance |
FROM: | John S. O'Brien, Deputy Director, Legislative Budget Board |
IN RE: | HB1572 by Taylor ( relating to the recovery of certain costs and payments relating to losses covered by personal automobile insurance.), Committee Report 1st House, Substituted |
The bill would amend the Insurance Code relating to the recovery of certain costs and payments relating to losses covered by personal automobile insurance. The Department of Insurance anticipates any additional work resulting from the passage of the bill could be absorbed within the agency's current resources.
This bill would take effect September 1, 2005.
Source Agencies: | 359 Office of Public Insurance Counsel, 454 Department of Insurance
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LBB Staff: | JOB, JRO, NV
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