Honorable John T. Smithee, Chair, House Committee on Insurance
FROM:
John S. O'Brien, Director, Legislative Budget Board
IN RE:
HB2877 by Sheffield (Relating to liability insurance closed claim reports.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend the Insurance Code relating to liability insurance closed claim reports. The bill would result in the Texas Department of Insurance (TDI) amending publications relating to the reports. TDI indicates that any costs associated with the provisions of this bill could be absorbed within existing agency resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.