Honorable Todd Hunter, Chair, House Committee on Judiciary & Civil Jurisprudence
FROM:
John S. O'Brien, Director, Legislative Budget Board
IN RE:
HB3768 by Paxton (Relating to title insurance coverage of property transferred into an inter vivos trust.), As Introduced
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.