LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION

March 12, 2011

TO:	Honorable John Carona, Chair, Senate Committee on Business & Commerce
FROM:	John S O'Brien, Director, Legislative Budget Board
IN RE:	SB944 by Jackson (Relating to the creation of an advisory committee to make recommendations to the commissioner of insurance regarding certain automobile insurance claims.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would amend the Insurance Code relating to the creation of an advisory committee to make recommendations to the commissioner of insurance regarding certain automobile insurance claims.  The bill would entitle members of the advisory committee to be reimbursed for reasonable expenses incurred in attending meetings. 

Based on the analysis 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 resources. 

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

454 Department of Insurance

LBB Staff:

JOB, AG, MW, CH