LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session May 9, 1997 TO: Honorable David Sibley, Chair IN RE: House Bill No. 976, Committee Report 2nd House, as amended Committee on Economic Development By: Brimer Senate Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on HB976 ( Relating to the abolition of the Texas Workers' Compensation Insurance Facility and the transfer of the assets and liabilities of that facility.) this office has detemined the following: Biennial Net Impact to General Revenue Funds by HB976-Committee Report 2nd House, as amended No fiscal implication to the State is anticipated. No fiscal implication to units of local government is anticipated. Source: Agencies: 454 Department of Insurance 453 Workers' Compensation Commission LBB Staff: JK ,TH ,BK