LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION

May 20, 2003

TO:	Honorable Bill Ratliff, Chair, Senate Committee on State Affairs
FROM:	John Keel, Director, Legislative Budget Board
IN RE:	HB1865 by Bonnen (Relating to commercial group property insurance for certain businesses and associations.), Committee Report 2nd House, Substituted

No fiscal implication to the State is anticipated.

The Texas Department of Insurance indicates the bill would have no cost to the state.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

454 Department of Insurance

LBB Staff:

JK, RR, JRO, RT, RB