LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 74th Regular Session March 2, 1995 TO: Honorable John Smithee, Chair IN RE: House Bill No. 22 Committee on Insurance By: Goolsby House of Representatives Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on House Bill No. 22 (relating to a discount on motor vehicle insurance premiums for certain students based on academic achievement) this office has determined the following: The bill would provide a discount on motor vehicle insurance premiums for certain students based on academic achievement. Under the provisions of the bill, the commissioner of insurance would be required to set the amount of the applicable discounts and prescribe by rule the manner in which information would be submitted to the Department by insurers relating to ineligibility and revocation of discounts. No significant fiscal implication to the State or units of local government is anticipated. Source: Department of Insurance LBB Staff: JK, RM, RR