LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION
 
May 21, 2015

TO:
Honorable Kevin Eltife, Chair, Senate Committee on Business & Commerce
 
FROM:
Ursula Parks, Director, Legislative Budget Board
 
IN RE:
HB335 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 Department of Insurance, it is assumed that all duties and responsibilities necessary to implement the provisions of the bill could be accomplished utilizing existing staff and resources.

Local Government Impact

No fiscal implication to units of local government is anticipated.


Source Agencies:
454 Department of Insurance
LBB Staff:
UP, CL, AG, ER, NHe