LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION May 8, 2009 TO: Honorable John T. Smithee, Chair, House Committee on Insurance FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB842 by Averitt (Relating to the operation of health care sharing organizations.), Committee Report 2nd House, Substituted No significant fiscal implication to the State is anticipated. The bill would amend the Insurance Code regarding health care sharing organizations. The bill would require the Office of the Attorney General (OAG) to conduct enforcement activities regarding complaints for these organizations and adopt rules regarding implementation of this bill. The OAG anticipates any legal work resulting from the passage of this bill could be reasonably absorbed with current resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:302 Office of the Attorney General, 454 Department of Insurance LBB Staff: JOB, KJG, MW, CH
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION
May 8, 2009
TO: Honorable John T. Smithee, Chair, House Committee on Insurance FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:SB842 by Averitt (Relating to the operation of health care sharing organizations.), Committee Report 2nd House, Substituted
TO: Honorable John T. Smithee, Chair, House Committee on Insurance
FROM: John S. O'Brien, Director, Legislative Budget Board
IN RE: SB842 by Averitt (Relating to the operation of health care sharing organizations.), Committee Report 2nd House, Substituted
Honorable John T. Smithee, Chair, House Committee on Insurance
Honorable John T. Smithee, Chair, House Committee on Insurance
John S. O'Brien, Director, Legislative Budget Board
John S. O'Brien, Director, Legislative Budget Board
SB842 by Averitt (Relating to the operation of health care sharing organizations.), Committee Report 2nd House, Substituted
SB842 by Averitt (Relating to the operation of health care sharing organizations.), Committee Report 2nd House, Substituted
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 regarding health care sharing organizations. The bill would require the Office of the Attorney General (OAG) to conduct enforcement activities regarding complaints for these organizations and adopt rules regarding implementation of this bill. The OAG anticipates any legal work resulting from the passage of this bill could be reasonably absorbed with current resources.
The bill would amend the Insurance Code regarding health care sharing organizations. The bill would require the Office of the Attorney General (OAG) to conduct enforcement activities regarding complaints for these organizations and adopt rules regarding implementation of this bill. The OAG anticipates any legal work resulting from the passage of this bill could be reasonably absorbed with current resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 302 Office of the Attorney General, 454 Department of Insurance
302 Office of the Attorney General, 454 Department of Insurance
LBB Staff: JOB, KJG, MW, CH
JOB, KJG, MW, CH