LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION April 18, 2011 TO: Honorable Byron Cook, Chair, House Committee on State Affairs FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB1987 by Workman (Relating to required workers' compensation insurance coverage for building and construction contractors.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Labor Code relating to required workers' compensation insurance coverage for building and construction contractors. Based on the analysis provided by the Texas Department of Insurance, it is assumed that all duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing agency resources. Local Government Impact Costs to units of local government would vary depending on the number and cost of future construction projects in a given locality. Source Agencies:454 Department of Insurance LBB Staff: JOB, KJG, CH, KKR
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION
April 18, 2011
TO: Honorable Byron Cook, Chair, House Committee on State Affairs FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB1987 by Workman (Relating to required workers' compensation insurance coverage for building and construction contractors.), As Introduced
TO: Honorable Byron Cook, Chair, House Committee on State Affairs
FROM: John S O'Brien, Director, Legislative Budget Board
IN RE: HB1987 by Workman (Relating to required workers' compensation insurance coverage for building and construction contractors.), As Introduced
Honorable Byron Cook, Chair, House Committee on State Affairs
Honorable Byron Cook, Chair, House Committee on State Affairs
John S O'Brien, Director, Legislative Budget Board
John S O'Brien, Director, Legislative Budget Board
HB1987 by Workman (Relating to required workers' compensation insurance coverage for building and construction contractors.), As Introduced
HB1987 by Workman (Relating to required workers' compensation insurance coverage for building and construction contractors.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend the Labor Code relating to required workers' compensation insurance coverage for building and construction contractors. Based on the analysis provided by the Texas Department of Insurance, it is assumed that all duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing agency resources.
Local Government Impact
Costs to units of local government would vary depending on the number and cost of future construction projects in a given locality.
Source Agencies: 454 Department of Insurance
454 Department of Insurance
LBB Staff: JOB, KJG, CH, KKR
JOB, KJG, CH, KKR