LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 79TH LEGISLATIVE REGULAR SESSION

May 9, 2005

TO:	Honorable Ray Allen, Chair, House Committee on County Affairs
FROM:	John S. O'Brien, Deputy Director, Legislative Budget Board
IN RE:	SB1214 by Barrientos (Relating to the authority of certain counties to select an insurance broker.), As Engrossed

No fiscal implication to the State is anticipated.

The bill would amend the Local Government Code to authorize a county that has a population of 800,000 or more to select, only on a fee basis, an appropriately licensed insurance broker as the sole broker of record to obtain proposals and coverages for insurance. The bill would establish applicable procedures and requirements.

The bill would take effect immediately if it receives the required two-thirds vote in each house; otherwise, it would take effect September 1, 2005.

Local Government Impact

No significant fiscal implication to units of local government is anticipated.

Source Agencies:

LBB Staff:

JOB, DLBa