LEGISLATIVE BUDGET BOARD
                                   Austin, Texas
         
                                   FISCAL NOTE
                               75th Regular Session
         
                                  May 9, 1997
         
         
      TO: Honorable David Sibley, Chair            IN RE:  House Bill No. 909, Committee Report 2nd House, Substituted
          Committee on Economic Development                              By: Dutton/et al.
          Senate
          Austin, Texas
         
         
         
         
         FROM:  John Keel, Director    
         
In response to your request for a Fiscal Note on HB909 ( Relating 
to amending certain provisions of the Insurance Code, concerning 
authorized investments of insurers, specifically, Articles 2.10, 
3.33 and 21.39-B.) this office has detemined the following:
         
         Biennial Net Impact to General Revenue Funds by HB909-Committee Report 2nd House, Substituted
         
No fiscal implication to the State is anticipated.
         

         
 
          
No fiscal implication to units of local government is anticipated.
          
   Source:            Agencies:   
                                         
                      LBB Staff:   JK ,TH