LEGISLATIVE BUDGET BOARD
                              Austin, Texas
                                     
                    FISCAL NOTE, 77th Regular Session
  
                              March 21, 2001
  
  
          TO:  Honorable Kip Averitt, Chair, House Committee on
               Financial Institutions
  
        FROM:  John Keel, Director, Legislative Budget Board
  
       IN RE:  HB540  by Shields (Relating to collateral protection
               insurance.), Committee Report 1st House, Substituted
  
**************************************************************************
*  No fiscal implication to the State is anticipated.                    *
**************************************************************************
  
Local Government Impact
  
No fiscal implication to units of local government is anticipated.
  
  
Source Agencies:   466   Office of Consumer Credit Commissioner, 454
                   Texas Department of Insurance
LBB Staff:         JK, JO, DE