LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION March 20, 2011 TO: Honorable Robert Duncan, Chair, Senate Committee on State Affairs FROM: John S O'Brien, Director, Legislative Budget Board IN RE:SB800 by Duncan (Relating to a workers' compensation data collection agent designated by the commissioner of workers' compensation.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Labor Code relating to a workers compensation data collection agent designated by the commissioner of workers compensation. The bill would allow the Texas Department of Insurance (TDI) to contract with a data collection agent and allow TDI to recover the cost by assessing and collecting fees from a workers compensation insurance carrier. While the cost of the data collection agent is unknown, the fees would cover the costs. Based on the analysis provided by the Comptroller of Public Accounts, TDIs operating account is self-balancing so any additional fee revenue collected on behalf of data collection agents would eventually result in an equivalent reduction in maintenance tax collections. It is assumed that all other duties and responsibilities associated with implementing the provisions of the bill could be accomplished within existing agency resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:304 Comptroller of Public Accounts, 454 Department of Insurance LBB Staff: JOB, KJG, MW, CH
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 82ND LEGISLATIVE REGULAR SESSION
March 20, 2011
TO: Honorable Robert Duncan, Chair, Senate Committee on State Affairs FROM: John S O'Brien, Director, Legislative Budget Board IN RE:SB800 by Duncan (Relating to a workers' compensation data collection agent designated by the commissioner of workers' compensation.), As Introduced
TO: Honorable Robert Duncan, Chair, Senate Committee on State Affairs
FROM: John S O'Brien, Director, Legislative Budget Board
IN RE: SB800 by Duncan (Relating to a workers' compensation data collection agent designated by the commissioner of workers' compensation.), As Introduced
Honorable Robert Duncan, Chair, Senate Committee on State Affairs
Honorable Robert Duncan, Chair, Senate Committee on State Affairs
John S O'Brien, Director, Legislative Budget Board
John S O'Brien, Director, Legislative Budget Board
SB800 by Duncan (Relating to a workers' compensation data collection agent designated by the commissioner of workers' compensation.), As Introduced
SB800 by Duncan (Relating to a workers' compensation data collection agent designated by the commissioner of workers' compensation.), 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 a workers compensation data collection agent designated by the commissioner of workers compensation. The bill would allow the Texas Department of Insurance (TDI) to contract with a data collection agent and allow TDI to recover the cost by assessing and collecting fees from a workers compensation insurance carrier. While the cost of the data collection agent is unknown, the fees would cover the costs. Based on the analysis provided by the Comptroller of Public Accounts, TDIs operating account is self-balancing so any additional fee revenue collected on behalf of data collection agents would eventually result in an equivalent reduction in maintenance tax collections. It is assumed that all other duties and responsibilities associated with implementing the provisions of the bill could be accomplished within existing agency resources.
The bill would amend the Labor Code relating to a workers compensation data collection agent designated by the commissioner of workers compensation. The bill would allow the Texas Department of Insurance (TDI) to contract with a data collection agent and allow TDI to recover the cost by assessing and collecting fees from a workers compensation insurance carrier. While the cost of the data collection agent is unknown, the fees would cover the costs.
Based on the analysis provided by the Comptroller of Public Accounts, TDIs operating account is self-balancing so any additional fee revenue collected on behalf of data collection agents would eventually result in an equivalent reduction in maintenance tax collections. It is assumed that all other duties and responsibilities associated with implementing the provisions of the bill could be accomplished within existing agency resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 304 Comptroller of Public Accounts, 454 Department of Insurance
304 Comptroller of Public Accounts, 454 Department of Insurance
LBB Staff: JOB, KJG, MW, CH
JOB, KJG, MW, CH