LEGISLATIVE BUDGET BOARD
                              Austin, Texas
                                     
                    FISCAL NOTE, 76th Regular Session
  
                                May 9, 1999
  
  
          TO:  Honorable John Smithee, Chair, House Committee on
               Insurance
  
        FROM:  John Keel, Director, Legislative Budget Board
  
       IN RE:  SB1196  by Shapiro (Relating to consent to the purchase
               or application for, and designation of owners or
               beneficiaries of, certain life insurance policies),
               Committee Report 2nd House, as amended
  
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*  No fiscal implication to the State is anticipated.                    *
*                                                                        *
*  The bill would make no appropriation but could provide the legal      *
*  basis for an appropriation of funds to implement the provisions of    *
*  the bill.                                                             *
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Local Government Impact
  
No fiscal implication to units of local government is anticipated.
  
  
Source Agencies:   454   Department of Insurance
LBB Staff:         JK, TH