Honorable Jeff Wentworth, Chair, Senate Committee on Jurisprudence
John S. O'Brien, Director, Legislative Budget Board
HB3768 by Paxton (Relating to title insurance coverage of property transferred into an inter vivos trust.), As Engrossed
No significant fiscal implication to the State is anticipated.
The bill would amend the Insurance Code relating to title insurance coverage of property transferred into an inter vivos trust. The Texas Department of Insurance indicates it could absorb the costs associated with the bill within its current resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.