LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session March 19, 1997 TO: Honorable John T. Smithee, Chair IN RE: House Bill No. 1853 Committee on Insurance By: Eiland House Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on HB1853 ( Relating to replacement cost coverage and adjustment of liability limits for windstorm and hail insurance coverage through the Texas Catastrophe Property Insurance Association.) this office has detemined the following: Biennial Net Impact to General Revenue Funds by HB1853-As Introduced No fiscal implication to the State is anticipated. No fiscal implication to units of local government is anticipated. Source: Agencies: 454 Department of Insurance LBB Staff: JK ,TH ,BK