LEGISLATIVE BUDGET BOARD
                              Austin, Texas
                                     
                    FISCAL NOTE, 77th Regular Session
  
                              April 3, 2001
  
  
          TO:  Honorable Royce West, Chair, Senate Committee on
               Jurisprudence
  
        FROM:  John Keel, Director, Legislative Budget Board
  
       IN RE:  HB1083  by Thompson (Relating to the effect of a
               bankruptcy proceeding on a durable power of attorney.),
               As Engrossed
  
**************************************************************************
*  No fiscal implication to the State is anticipated.                    *
**************************************************************************
  
The bill would provide that after the execution of a durable power of
attorney, the filing of a voluntary or involuntary petition in
bankruptcy in connection with the principal's debts does not revoke or
terminate the agency as to the principal's attorney in fact or agent.
  
Local Government Impact
  
No fiscal implication to units of local government is anticipated.
  
  
Source Agencies:   
LBB Staff:         JK, TB, CT, SS