LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 6, 2009 TO: Honorable Mark Strama, Chair, House Committee on Technology, Economic Development & Workforce FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB2249 by Hunter (relating to the regulation of staff leasing services. ), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. The bill would amend Section 91.001 of the Labor Code to establish definitions of working capital for the purposes of license applications of assurance organizations. The bill would also establish electronic filing guidelines. The Texas Department of Licensing and Regulation would be required to adopt rules to implement the provisions of the bill. The Texas Department of Licensing and Regulation anticipates that the duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:452 Department of Licensing and Regulation LBB Staff: JOB, JRO, ES LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 6, 2009 TO: Honorable Mark Strama, Chair, House Committee on Technology, Economic Development & Workforce FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB2249 by Hunter (relating to the regulation of staff leasing services. ), Committee Report 1st House, Substituted TO: Honorable Mark Strama, Chair, House Committee on Technology, Economic Development & Workforce FROM: John S. O'Brien, Director, Legislative Budget Board IN RE: HB2249 by Hunter (relating to the regulation of staff leasing services. ), Committee Report 1st House, Substituted Honorable Mark Strama, Chair, House Committee on Technology, Economic Development & Workforce Honorable Mark Strama, Chair, House Committee on Technology, Economic Development & Workforce John S. O'Brien, Director, Legislative Budget Board John S. O'Brien, Director, Legislative Budget Board HB2249 by Hunter (relating to the regulation of staff leasing services. ), Committee Report 1st House, Substituted HB2249 by Hunter (relating to the regulation of staff leasing services. ), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. The bill would amend Section 91.001 of the Labor Code to establish definitions of working capital for the purposes of license applications of assurance organizations. The bill would also establish electronic filing guidelines. The Texas Department of Licensing and Regulation would be required to adopt rules to implement the provisions of the bill. The Texas Department of Licensing and Regulation anticipates that the duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. The bill would amend Section 91.001 of the Labor Code to establish definitions of working capital for the purposes of license applications of assurance organizations. The bill would also establish electronic filing guidelines. The Texas Department of Licensing and Regulation would be required to adopt rules to implement the provisions of the bill. The Texas Department of Licensing and Regulation anticipates that the duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: 452 Department of Licensing and Regulation 452 Department of Licensing and Regulation LBB Staff: JOB, JRO, ES JOB, JRO, ES