Honorable Kevin Eltife, Chair, Senate Committee on Business & Commerce
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
HB1733 by Smithee (Relating to automobile liability insurance for transportation network company drivers.), As Engrossed
No significant fiscal implication to the State is anticipated.
The bill would amend the Insurance Code relating to automobile liability insurance for transportation network company drivers.
Based on information provided by the Texas Department of Insurance, it is assumed that all duties and responsibilities necessary to implement the provisions of the bill could be accomplished within existing staff and resources.
The bill would take effect September 1, 2016.
Local Government Impact
No fiscal implication to units of local government is anticipated.