LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
74th Regular Session
March 21, 1995
TO: Honorable David Sibley, Chair IN RE: Senate Bill No. 391
Committee on Economic Development By: Harris
Senate
Austin, Texas
FROM: John Keel, Director
In response to your request for a Fiscal Note on Senate Bill No.
391 (relating to recovery from certain insureds of payments made
by the Texas Property and Casualty Insurance Guaranty
Association) this office has determined the following:
The bill would amend the Insurance Code to limit recovery from
certain policyholders or claimants for claim payments made by the
Texas Property and Casualty Insurance Guaranty Association.
The fiscal implication to the State cannot be determined.
No fiscal implication to units of local government is
anticipated.
Source: Department of Insurance
LBB Staff: JK, RM, DF, RR