LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION

April 18, 2011

TO:	Honorable Mike Hamilton, Chair, House Committee on Licensing & Administrative Procedures
FROM:	John S O'Brien, Director, Legislative Budget Board
IN RE:	HB1984 by Hancock (Relating to an insurance company's access to and removal of a motor vehicle stored in a vehicle storage facility.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would amend the Occupations Coder relating to an insurance company's access to and removal of a motor vehicle stored in a vehicle storage facility.

The bill has the following due dates: Not later than December 1, 2011, the Texas Commission of Licensing and Regulation shall adopt rules to implement Section 2303.1601 of the Occupations Code, as added, and the bill would take effect September 1, 2011.

Based on the analysis of the Department of Licensing and Regulation and the Department of Insurance, it is assumed that duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.

Local Government Impact

No significant fiscal implication to units of local government is anticipated.

Source Agencies:

452 Department of Licensing and Regulation, 454 Department of Insurance

LBB Staff:

JOB, AG, CWS, CH