LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
74th Regular Session
March 29, 1995
TO: Honorable John Smithee, Chair IN RE: House Bill No. 2826
Committee on Insurance By: Danburg
House of Representatives
Austin, Texas
FROM: John Keel, Director
In response to your request for a Fiscal Note on House Bill No.
2826 (relating to motor vehicle insurance for nonprofit
organizations) this office has determined the following:
The bill would amend the Insurance Code to require the
Commissioner of Insurance to adopt rules establishing a
classification of risk for motor vehicles used for "limited
purposes by nonprofit organizations."
No significant fiscal implication to the State is anticipated.
No fiscal implication to units of local government is
anticipated.
Source: Department of Insurance
LBB Staff: JK, RM, RR