| TO: | Honorable Troy Fraser, Chair, Senate Committee on Business & Commerce |
| FROM: | John S. O'Brien, Director, Legislative Budget Board |
| IN RE: | HB2118 by Pickett (Relating to licensing and regulation of residential fire alarm technicians and regulation and installation of fire detection and alarm devices.), As Engrossed |
The bill would amend the Insurance Code to require licensed technicians on-site during the installation of fire alarms.
Based on the analysis of the State Fire Marshal's Office at the Texas Department of Insurance (TDI), the bill would result in an increase in the number of new and renewing licensees. It is assumed that there would be a revenue gain in the General Revenue - Dedicated Account Fund 36 of $23,000 in fiscal year 2008, $55,750 in fiscal year 2009, $30,650 in fiscal year 2010, $54,950 in fiscal year 2011, and $30,950 in fiscal year 2012. Since General Revenue - Dedicated Account Fund 36 is a self-leveling account, this analysis assumes all revenue generated would go toward fund balances or the maintenance tax would be set to recover a lower level of revenue the following year.
Based on the analysis of TDI, duties and responsibilities associated with any necessary rule-making and any other duties required to implement the provisions of the bill could be accomplished within existing resources.
| Source Agencies: | 329 Real Estate Commission, 454 Department of Insurance
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| LBB Staff: | JOB, JRO, MW, SK, KJG
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