LEGISLATIVE BUDGET BOARD
                              Austin, Texas
                                     
                    FISCAL NOTE, 77th Regular Session
  
                              March 15, 2001
  
  
          TO:  Honorable John T. Smithee, Chair, House Committee on
               Insurance
  
        FROM:  John Keel, Director, Legislative Budget Board
  
       IN RE:  HB2100  by Eiland (Relating to a specialty insurance
               agent license for certain persons who sell contracts
               regulated by the Texas Department of Banking for prepaid
               funeral benefits.), As Introduced
  
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*  No significant fiscal implication to the State is anticipated.        *
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The bill adds a new section to the Insurance Code to create a new
category of specialty insurance agent license for persons who sell
insurance to fund contracts for prepaid funeral benefits.  The Texas
Department of Insurance estimates that only 320 of the funeral pre-need
agents would change to the new specialty license.  The amount of
additional revenue is not expected to be significant.
  
Local Government Impact
  
No fiscal implication to units of local government is anticipated.
  
  
Source Agencies:   451   Department of Banking, 454   Texas Department
                   of Insurance
LBB Staff:         JK, JO, RT, DE