LEGISLATIVE BUDGET BOARD
                                   Austin, Texas
         
                                   FISCAL NOTE
                               75th Regular Session
         
                                  April 21, 1997
         
         
      TO: Honorable David Sibley, Chair            IN RE:  Senate Bill No. 1387, Committee Report 1st House, Substituted
          Committee on Economic Development                              By: Patterson, Jerry
          Senate
          Austin, Texas
         
         
         
         
         FROM:  John Keel, Director    
         
In response to your request for a Fiscal Note on SB1387 ( Relating 
to authority by the Association, after prior approval by the 
Commissioner, to issued policies paying actual cash value benefits 
instead of replacement cost benefits for damage to roofs when 
underwriting criteria approved by the Commissioner are met.) 
this office has detemined the following:
         
         Biennial Net Impact to General Revenue Funds by SB1387-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:   TH ,BK