LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session May 14, 1997 TO: Honorable John T. Smithee, Chair IN RE: Senate Bill No. 1948, As Engrossed Committee on Insurance By: Sibley House Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on SB1948 ( relating to the treatment of certain annuities as charitable gift annuities and the application of the Insurance Code and certain other laws to charitable gift annuities.) this office has detemined the following: Biennial Net Impact to General Revenue Funds by SB1948-As Engrossed No fiscal implication to the State is anticipated. No fiscal implication to units of local government is anticipated. Source: Agencies: LBB Staff: JK ,TH