The following text was automatically extracted from the image on this page using optical character recognition software:
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION
April 7, 2017
TO: Honorable Larry Phillips, Chair, House Committee on Insurance
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB3803 by Faircloth (Relating to certain authorized investments for domestic life, health,
and accident insurers.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend the Insurance Code relating to certain authorized investments for domestic
life, health, and accident insurers. Based on information provided by the Texas Department of
Insurance, this analysis assumes 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
LBB Staff: UP, AG, CP
Page 1 of1