LEGISLATIVE BUDGET BOARD
                          Austin, Texas

                           FISCAL NOTE
                       74th Regular Session

                          April 23, 1995



 TO:     Honorable Ken Armbrister, Chair        IN RE:  Senate Bill No.
         Committee on State Affairs             1365,
         Senate                                               as amended
         Austin, Texas                                  By: Wentworth









FROM: John Keel, Director

In response to your request for a Fiscal Note on Senate Bill No.
1365 (Relating to prepaid legal services contracts.) this office
has determined the following:

The bill would amend the Insurance Code to remove the authority
of the Insurance Commissioner to approve rates charged for
prepaid legal services and to require that such rates are only
filed with the Department of Insurance.

Implementation of the bill would result in no significant fiscal
impacts.  The department would no longer perform actuarial
reviews of rates for legal services contracts.  However, the
change would not significantly affect agency resources because
only a few companies offering prepaid legal services are
currently active.



No fiscal implication to units of local government is
anticipated.
    

        





 
Source:   LBB Staff: JK, BR, DF