Supplement: TX SB1367 | 2021-2022 | 87th Legislature | Fiscal Note (Introduced)
For additional supplements on Texas SB1367 please see the Bill Drafting List
Bill Title: Relating to the regulation of commercial property and casualty insurance and insurance for certain large risks.
Status: 2021-05-15 - Effective on 9/1/21 [SB1367 Detail]
Download: Texas-2021-SB1367-Fiscal_Note_Introduced_.html
Bill Title: Relating to the regulation of commercial property and casualty insurance and insurance for certain large risks.
Status: 2021-05-15 - Effective on 9/1/21 [SB1367 Detail]
Download: Texas-2021-SB1367-Fiscal_Note_Introduced_.html
| TO: |
Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce |
| FROM: |
Jerry McGinty, Director, Legislative Budget Board
|
| IN RE: |
SB1367 by Creighton (Relating to the modernization of regulation of commercial property and casualty insurance.), As Introduced |
No significant fiscal implication to the State is anticipated.
Based on the analysis of the State Office of Risk Management and the Department of Insurance, any costs associated with implementation of the bill's provisions could be absorbed within existing resources.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
| Source Agencies: | 454 Department of Insurance, 479 State Office of Risk Management |
| LBB Staff: | JMc, SZ, LCO, SMAT |
