LEGISLATIVE BUDGET BOARD
                          Austin, Texas

                           FISCAL NOTE
                       74th Regular Session

                          March 21, 1995



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






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