LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 74th Regular Session April 3, 1995 TO: Honorable David Sibley, Chair IN RE: Senate BillNo. 1150 Committee on Economic Development By: Shapiro Senate Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on Senate Bill No. 1150 (relating to continuing education of insurance adjusters by reciprocity) this office has determined the following: The bill would amend the Insurance Code to allow the Insurance Commissioner to waive continuing education requirements for an insurance adjuster who has a valid license from another state which has continuing education requirements similar to those in Texas. No significant fiscal implication to the State or units of local government is anticipated. Source: Department of Insurance LBB Staff: JK, RM, RR