LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 86TH LEGISLATIVE REGULAR SESSION

March 29, 2019

TO:	Honorable Charlie Geren, Chair, House Committee on House Administration
FROM:	John McGeady, Assistant Director     Sarah Keyton, Assistant Director Legislative Budget Board
IN RE:	HB3073 by King, Ken (Relating to a joint interim study regarding the spreading of risk and costs related to certain natural disasters across the state by property and casualty insurance companies.), As Introduced

No significant fiscal implication to the State is anticipated.

It is assumed that the provisions of the bill relating to a joint interim study regarding the spreading of risk and costs related to certain natural disasters across the state by property and casualty insurance companies could be absorbed using existing resources.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

300 Trusteed Programs Within the Office of the Governor

LBB Staff:

WP, KK, NV, JSm