Honorable Kevin Eltife, Chair, Senate Committee on Business & Commerce
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
SB498 by Taylor, Larry (Relating to building code requirements for residential property insured by the Texas Windstorm Insurance Association.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend the Insurance Code relating to building code requirements for residential property insured by the Texas Windstorm Insurance Association.
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 resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.