LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION March 22, 2013 TO: Honorable Tryon D. Lewis, Chair, House Committee on Judiciary & Civil Jurisprudence FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB658 by Sheets (Relating to interest on damages subject to Medicare subrogation.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Civil Practice and Remedies Code to specify that interest does not accrue on unpaid balances of certain damages awards. The Office of Court Administration reports that the bill would not have a fiscal impact to the court system. The Health and Human Services Commission indicates the bill will not have a fiscal impact to the agency. The change in law would apply only to an award of damages made after the bill's effective date. The bill would take effect September 1, 2013. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:212 Office of Court Administration, Texas Judicial Council, 529 Health and Human Services Commission LBB Staff: UP, CL, AM
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 83RD LEGISLATIVE REGULAR SESSION
March 22, 2013
TO: Honorable Tryon D. Lewis, Chair, House Committee on Judiciary & Civil Jurisprudence FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB658 by Sheets (Relating to interest on damages subject to Medicare subrogation.), As Introduced
TO: Honorable Tryon D. Lewis, Chair, House Committee on Judiciary & Civil Jurisprudence
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB658 by Sheets (Relating to interest on damages subject to Medicare subrogation.), As Introduced
Honorable Tryon D. Lewis, Chair, House Committee on Judiciary & Civil Jurisprudence
Honorable Tryon D. Lewis, Chair, House Committee on Judiciary & Civil Jurisprudence
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB658 by Sheets (Relating to interest on damages subject to Medicare subrogation.), As Introduced
HB658 by Sheets (Relating to interest on damages subject to Medicare subrogation.), 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 Civil Practice and Remedies Code to specify that interest does not accrue on unpaid balances of certain damages awards. The Office of Court Administration reports that the bill would not have a fiscal impact to the court system. The Health and Human Services Commission indicates the bill will not have a fiscal impact to the agency. The change in law would apply only to an award of damages made after the bill's effective date. The bill would take effect September 1, 2013.
Local Government Impact
No significant fiscal implication to units of local government is anticipated.
Source Agencies: 212 Office of Court Administration, Texas Judicial Council, 529 Health and Human Services Commission
212 Office of Court Administration, Texas Judicial Council, 529 Health and Human Services Commission
LBB Staff: UP, CL, AM
UP, CL, AM