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:	HB696 by Gutierrez (Relating to the prohibition of the use of credit reports in certain insurance underwriting decisions; providing penalties.), As Introduced

No significant fiscal implication to the State is anticipated.

Based on the analysis of the Texas Department of Insurance, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:	454 Department Of Insurance
LBB Staff:	JK, JRO, RT, RB