Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
FROM:
John McGeady, Assistant Director Sarah Keyton, Assistant Director Legislative Budget Board
IN RE:
HB259 by Thompson, Ed (Relating to named driver insurance policies and certain related exclusions.), As Engrossed
No significant fiscal implication to the State is anticipated.
The bill would amend the Insurance Code and the Transportation Code relating to named driver insurance policies and certain related exclusions. Based on information provided by the Texas Department of Insurance, this analysis assumes the 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.