LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION

February 22, 2003

TO:	Honorable John T. Smithee, Chair, House Committee on Insurance
FROM:	John Keel, Director, Legislative Budget Board
IN RE:	HB265 by Thompson (Relating to the use of credit scoring in the underwriting and rating of personal automobile and residential property insurance.), As Introduced

No fiscal implication to the State is anticipated.

Based on the analysis of the Texas Department of Insurance and the Office of Consumer Credit Commissioner, the provisions of the bill would have no fiscal impact to the state.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:	454 Department Of Insurance, 466 Office Of Consumer Credit Commissioner
LBB Staff:	JK, JRO, RT, RB