LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION May 11, 2015 TO: Honorable Kevin Eltife, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB796 by Geren (Relating to the purchase of certain insurance coverage and the performance of related risk management services for the Texas State University System and the component institutions of that system.), As Engrossed No significant fiscal implication to the State is anticipated. This bill would amend the Labor Code as it relates to the purchase of certain insurance coverage and the performance of related risk management services for the Texas State University System and the component institutions of that system. Under the provisions of the bill, Texas State University System and the component institutions would be exempt from the purchase of certain insurance coverage through State Office of Risk Management. The bill would take effect immediately upon receiving a two-thirds majority vote in each house. Otherwise, the bill would take effect September 1, 2015. 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, 758 Texas State University System LBB Staff: UP, CL, EMu, EP, CM, ER
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION
May 11, 2015
TO: Honorable Kevin Eltife, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB796 by Geren (Relating to the purchase of certain insurance coverage and the performance of related risk management services for the Texas State University System and the component institutions of that system.), As Engrossed
TO: Honorable Kevin Eltife, Chair, Senate Committee on Business & Commerce
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB796 by Geren (Relating to the purchase of certain insurance coverage and the performance of related risk management services for the Texas State University System and the component institutions of that system.), As Engrossed
Honorable Kevin Eltife, Chair, Senate Committee on Business & Commerce
Honorable Kevin Eltife, Chair, Senate Committee on Business & Commerce
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB796 by Geren (Relating to the purchase of certain insurance coverage and the performance of related risk management services for the Texas State University System and the component institutions of that system.), As Engrossed
HB796 by Geren (Relating to the purchase of certain insurance coverage and the performance of related risk management services for the Texas State University System and the component institutions of that system.), As Engrossed
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
This bill would amend the Labor Code as it relates to the purchase of certain insurance coverage and the performance of related risk management services for the Texas State University System and the component institutions of that system. Under the provisions of the bill, Texas State University System and the component institutions would be exempt from the purchase of certain insurance coverage through State Office of Risk Management. The bill would take effect immediately upon receiving a two-thirds majority vote in each house. Otherwise, the bill would take effect September 1, 2015.
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, 758 Texas State University System
454 Department of Insurance, 479 State Office of Risk Management, 758 Texas State University System
LBB Staff: UP, CL, EMu, EP, CM, ER
UP, CL, EMu, EP, CM, ER