Honorable John T. Smithee, Chair, House Committee on Insurance
FROM:
John S. O'Brien, Director, Legislative Budget Board
IN RE:
HB2540 by Eiland (Relating to the establishment and operation of a disaster recovery insurance claims mediation program.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend the Insurance Code to establish a disaster recovery insurance claims mediation program. Based on the analysis provided by the Texas Department of Insurance, any costs associated with the implementation of this bill could be absorbed within existing resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.