LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION

April 14, 2023

TO:	Honorable Charles Schwertner, Chair, Senate Committee on Business & Commerce
FROM:	Jerry McGinty, Director, Legislative Budget Board
IN RE:	SB554 by Hughes (Relating to an appraisal procedure for disputed losses under personal automobile insurance policies.), As Introduced

No significant fiscal implication to the State is anticipated.

Based on the analysis of the Office of Court Administration and Department of Insurance duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.

Local Government Impact

No significant fiscal implication to units of local government is anticipated.

Source Agencies:

212 Office of Court Administration, Texas Judicial Council, 454 Department of Insurance

LBB Staff:

JMc, SZ, LBl