LEGISLATIVE BUDGET BOARD
                          Austin, Texas

                           FISCAL NOTE
                       74th Regular Session

                          April 26, 1995



 TO:     Honorable David Sibley, Chair          IN RE:  Senate BillNo. 1667
         Committee on Economic Development              By: Sibley
         Senate
         Austin, Texas






FROM: John Keel, Director

In response to your request for a Fiscal Note on Senate Bill No.
1667 (relating to the liquidation of insolvent insurers, the
statutory capacity of the Commisssioner of Insurance as receiver,
and the insurance guaranty associations) this office has
determined the following:




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, RR