LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION May 6, 2011 TO: Honorable John T. Smithee, Chair, House Committee on Insurance FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB2093 by Thompson (Relating to the operation and regulation of certain consolidated insurance programs.), Committee Report 1st House, Substituted No significant fiscal implication to the State is anticipated. The bill would amend the Insurance Code relating to the operation and regulation of certain consolidated insurance programs. 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. Based on the analysis provided by the State Office of Risk Management, it is assumed that the bill would have no fiscal impact on the agency. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:454 Department of Insurance, 479 State Office of Risk Management LBB Staff: JOB, KJG, CH
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION
May 6, 2011
TO: Honorable John T. Smithee, Chair, House Committee on Insurance FROM: John S O'Brien, Director, Legislative Budget Board IN RE:HB2093 by Thompson (Relating to the operation and regulation of certain consolidated insurance programs.), Committee Report 1st House, Substituted
TO: Honorable John T. Smithee, Chair, House Committee on Insurance
FROM: John S O'Brien, Director, Legislative Budget Board
IN RE: HB2093 by Thompson (Relating to the operation and regulation of certain consolidated insurance programs.), Committee Report 1st 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
HB2093 by Thompson (Relating to the operation and regulation of certain consolidated insurance programs.), Committee Report 1st House, Substituted
HB2093 by Thompson (Relating to the operation and regulation of certain consolidated insurance programs.), 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 the Insurance Code relating to the operation and regulation of certain consolidated insurance programs. 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. Based on the analysis provided by the State Office of Risk Management, it is assumed that the bill would have no fiscal impact on the agency.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: 454 Department of Insurance, 479 State Office of Risk Management
454 Department of Insurance, 479 State Office of Risk Management
LBB Staff: JOB, KJG, CH
JOB, KJG, CH