LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session May 5, 1997 TO: Honorable John T. Smithee, Chair IN RE: House Bill No. 2959, Committee Report 1st House, Substituted Committee on Insurance By: Burnam House Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on HB2959 ( relating to required procedures for certain third-party claims under motor vehicle liability insurance policies; providing an administrative penalty.) this office has detemined the following: Biennial Net Impact to General Revenue Funds by HB2959-Committee Report 1st House, Substituted 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