LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session May 7, 1997 TO: Honorable David Sibley, Chair IN RE: House Bill No. 3031, As Engrossed Committee on Economic Development By: Eiland Senate Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on HB3031 ( Relating to the authority of the commissioner of insurance to approve higher deductibles on coverage provided under certain policies issued through Texas Catastrophe Property Insurance Association.) this office has detemined the following: Biennial Net Impact to General Revenue Funds by HB3031-As Engrossed 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