LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session April 14, 1997 TO: Honorable John T. Smithee, Chair IN RE: House Bill No. 1680, Committee Report 1st House, as amended Committee on Insurance By: Van de Putte House Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on HB1680 ( Relating to the investment authority of certain insurers.) this office has detemined the following: Biennial Net Impact to General Revenue Funds by HB1680-Committee Report 1st House, as amended No fiscal implication to the State is anticipated. No fiscal implication to units of local government is anticipated. Source: Agencies: 451 Department of Banking 312 Securities Board 454 Department of Insurance LBB Staff: JK ,TH ,JA