LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION

February 24, 2003

TO:	Honorable John T. Smithee, Chair, House Committee on Insurance
FROM:	John Keel, Director, Legislative Budget Board
IN RE:	HB746 by Smithee (Relating to policy forms and endorsements for personal automobile and residential property insurance.), As Introduced

No significant fiscal implication to the State is anticipated.

The Texas Department of Insurance indicates it would incur a cost associated with implementation of the bill. It is assumed this cost could be absorbed by the agency within its existing resources.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:	359 Office Of Public Insurance Counsel, 454 Department Of Insurance
LBB Staff:	JK, JRO, RT, RB