LEGISLATIVE BUDGET BOARD

                              Austin, Texas

                                    

                    FISCAL NOTE, 77th Regular Session

 

                              March 31, 2001

 

 

          TO:  Honorable John T. Smithee, Chair, House Committee on

               Insurance

 

        FROM:  John Keel, Director, Legislative Budget Board

 

       IN RE:  HB2102  by Eiland (Relating to the determination of

               premium rates for certain lines of insurance.), As

               Introduced

 

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*  No significant fiscal implication to the State is anticipated.        *

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The change from contested case hearings to rulemaking proceedings to set

certain rates under Articles 5.101 and 21.81 of the Insurance Code would

reduce the Office of Public Insurance Counsel staff time necessary to

prepare for and participate in these hearings.  In addition, the time

necessary for the agency's expert witnesses to participate in the

hearings would be reduced.  These reduced expenses are estimated to be

$28,514 annually.

 

Local Government Impact

 

No fiscal implication to units of local government is anticipated.

 

 

Source Agencies:   454   Texas Department of Insurance, 360   State

                   Office of Administrative Hearings, 359   Office of

                   Public Insurance Counsel

LBB Staff:         JK, JO, RT, DE