Supplement: TX SB796 | 2023-2024 | 88th Legislature | Fiscal Note (House Committee Report)
For additional supplements on Texas SB796 please see the Bill Drafting List
Bill Title: Relating to arbitration provisions in surplus lines insurance contracts.
Status: 2023-06-17 - Vetoed by the Governor [SB796 Detail]
Download: Texas-2023-SB796-Fiscal_Note_House_Committee_Report_.html
Bill Title: Relating to arbitration provisions in surplus lines insurance contracts.
Status: 2023-06-17 - Vetoed by the Governor [SB796 Detail]
Download: Texas-2023-SB796-Fiscal_Note_House_Committee_Report_.html
| TO: |
Honorable Tom Oliverson, Chair, House Committee on Insurance |
| FROM: |
Jerry McGinty, Director, Legislative Budget Board
|
| IN RE: |
SB796 by Middleton (relating to arbitration provisions in surplus lines insurance contracts.), Committee Report 2nd House, Substituted |
No significant fiscal implication to the State is anticipated.
Based on the analysis of the 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: | 454 Department of Insurance |
| LBB Staff: | JMc, AAL, SZ, LBl, GDZ |
