LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 14, 2009 TO: Honorable Vicki Truitt, Chair, House Committee on Pensions, Investments & Financial Services FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB80 by Nelson (Relating to employer contributions under small employer health benefit plans.), As Engrossed No significant fiscal implication to the State is anticipated. The bill would amend the Insurance Code to alter the employer contributions for small employer health benefit plans. Based on the analysis of the Texas Department of Insurance, it is assumed that there would be a one-time revenue gain of $10,000 in the General Revenue Dedicated Account Fund 36 in fiscal year 2010 because the bill would result in 100 additional form filings by Small Employer Plans. Since General Revenue Dedicated Account Fund 36 is a self-leveling account, this analysis assumes all revenue generated would go toward fund balances or the maintenance tax would be set to recover a lower level of revenue the following year. It is also assumed that any costs realized by TDI from implementing the provisions of the bill could be absorbed within existing resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:454 Department of Insurance LBB Staff: JOB, JRO, KJG, MW, CH
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
April 14, 2009
TO: Honorable Vicki Truitt, Chair, House Committee on Pensions, Investments & Financial Services FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB80 by Nelson (Relating to employer contributions under small employer health benefit plans.), As Engrossed
TO: Honorable Vicki Truitt, Chair, House Committee on Pensions, Investments & Financial Services
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: SB80 by Nelson (Relating to employer contributions under small employer health benefit plans.), As Engrossed
Honorable Vicki Truitt, Chair, House Committee on Pensions, Investments & Financial Services
Honorable Vicki Truitt, Chair, House Committee on Pensions, Investments & Financial Services
John S. O'Brien, Director, Legislative Budget Board
John S. O'Brien, Director, Legislative Budget Board
SB80 by Nelson (Relating to employer contributions under small employer health benefit plans.), As Engrossed
SB80 by Nelson (Relating to employer contributions under small employer health benefit plans.), As Engrossed
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend the Insurance Code to alter the employer contributions for small employer health benefit plans. Based on the analysis of the Texas Department of Insurance, it is assumed that there would be a one-time revenue gain of $10,000 in the General Revenue Dedicated Account Fund 36 in fiscal year 2010 because the bill would result in 100 additional form filings by Small Employer Plans. Since General Revenue Dedicated Account Fund 36 is a self-leveling account, this analysis assumes all revenue generated would go toward fund balances or the maintenance tax would be set to recover a lower level of revenue the following year. It is also assumed that any costs realized by TDI from implementing the provisions of the bill could be absorbed within existing resources.
The bill would amend the Insurance Code to alter the employer contributions for small employer health benefit plans.
Based on the analysis of the Texas Department of Insurance, it is assumed that there would be a one-time revenue gain of $10,000 in the General Revenue Dedicated Account Fund 36 in fiscal year 2010 because the bill would result in 100 additional form filings by Small Employer Plans. Since General Revenue Dedicated Account Fund 36 is a self-leveling account, this analysis assumes all revenue generated would go toward fund balances or the maintenance tax would be set to recover a lower level of revenue the following year. It is also assumed that any costs realized by TDI from implementing the provisions of the bill could be absorbed within existing resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 454 Department of Insurance
454 Department of Insurance
LBB Staff: JOB, JRO, KJG, MW, CH
JOB, JRO, KJG, MW, CH