Honorable John T. Smithee, Chair, House Committee on Insurance
FROM:
John S O'Brien, Director, Legislative Budget Board
IN RE:
HB3570 by Smithee (Relating to insurance coverage requirements for certain amusement rides.), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
The bill would amend the Occupations Code relating to insurance coverage requirements for certain amusement rides. Based on the analysis provided by the Texas Department of Insurance, it is assumed that all duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing agency resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.