LEGISLATIVE BUDGET BOARD
                          Austin, Texas

                           FISCAL NOTE
                       74th Regular Session

                          March 21, 1995



 TO:     Honorable John Smithee, Chair          IN RE:  House Bill No. 2794
         Committee on Insurance                         By: Shields
         House of Representatives
         Austin, Texas






FROM: John Keel, Director

In response to your request for a Fiscal Note on House Bill No.
2794 (relating to penalties for a violation of this act) this
office has determined the following:

The bill would amend the Insurance Code to change the penalty for
acting as a life insurance counselor without a license or
violating the Act to a Class C misdemeanor and to remove the
sentencing provision.


No fiscal implication to the State or units of local government
is anticipated.


Source:   Department of Insurance
          LBB Staff: JK, RM, RR