LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION

March 16, 2003

TO:	Honorable Will Hartnett, Chair, House Committee on Judicial Affairs
FROM:	John Keel, Director, Legislative Budget Board
IN RE:	HB1666 by Hartnett (Relating to the courts that may approve a transfer of payment rights under certain structured settlements.), As Introduced

No fiscal implication to the State is anticipated.

The bill would amend the Civil Practice and Remedies Code to add statutory probate courts to those courts which may approve a transfer of payment rights under certain structured settlements.  The bill would take effect September 1, 2003.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:	212 Office Of Court Administration, Texas Judicial Council
LBB Staff:	JK, GO, VDS, TB