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LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
April 12, 2021
TO:
Honorable Tom Oliverson, Chair, House Committee on Insurance
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB359 by Geren (Relating to recovery under uninsured and underinsured motorist insurance coverage.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend the Insurance Code relating to recovery under uninsured and underinsured motorist insurance coverage. Based on information provided by the Texas Department of Insurance and Department of Criminal Justice, this analysis assumes that 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.
Source Agencies:
454 Department of Insurance, 696 Department of Criminal Justice