LEGISLATIVE BUDGET BOARD
                          Austin, Texas

                           FISCAL NOTE
                       74th Regular Session

                          April 12, 1995



 TO:     Honorable John Smithee, Chair          IN RE: Committee Substitute
         Committee on Insurance                 for
         House of Representatives                              House Bill
         Austin, Texas                          No. 2960









FROM: John Keel, Director

In response to your request for a Fiscal Note on House Bill No.
2960 (relating to the liquidation of insolvent insurers, the
Commissioner of Insurance in his statutory capacity as Receiver,
and the insurance guaranty associations) this office has
determined the following:




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


Source:   Office of the Attorney General, Department of Insurance
          LBB Staff: JK, RM, RR