LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION May 1, 2015 TO: Honorable René Oliveira, Chair, House Committee on Business & Industry FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB653 by Eltife (Relating to increasing the amount of burial benefits required to be paid by an insurance carrier under the workers' compensation system.), As Engrossed No significant fiscal implication to the State is anticipated. The bill would amend the Insurance Code relating to increasing the amount of burial benefits required to be paid by an insurance carrier under the workers' compensation system. Based on information provided by the Texas Department of Insurance and the State Office of Risk Management, it is assumed that all duties and responsibilities necessary to implement the provisions of the bill could be accomplished within existing resources. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:454 Department of Insurance, 479 State Office of Risk Management LBB Staff: UP, CL, NV, ER, NHe
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 84TH LEGISLATIVE REGULAR SESSION
May 1, 2015
TO: Honorable René Oliveira, Chair, House Committee on Business & Industry FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB653 by Eltife (Relating to increasing the amount of burial benefits required to be paid by an insurance carrier under the workers' compensation system.), As Engrossed
TO: Honorable René Oliveira, Chair, House Committee on Business & Industry
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: SB653 by Eltife (Relating to increasing the amount of burial benefits required to be paid by an insurance carrier under the workers' compensation system.), As Engrossed
Honorable René Oliveira, Chair, House Committee on Business & Industry
Honorable René Oliveira, Chair, House Committee on Business & Industry
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
SB653 by Eltife (Relating to increasing the amount of burial benefits required to be paid by an insurance carrier under the workers' compensation system.), As Engrossed
SB653 by Eltife (Relating to increasing the amount of burial benefits required to be paid by an insurance carrier under the workers' compensation system.), As Engrossed
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 increasing the amount of burial benefits required to be paid by an insurance carrier under the workers' compensation system. Based on information provided by the Texas Department of Insurance and the State Office of Risk Management, it is assumed that all duties and responsibilities necessary to implement the provisions of the bill could be accomplished within existing resources.
The bill would amend the Insurance Code relating to increasing the amount of burial benefits required to be paid by an insurance carrier under the workers' compensation system.
Based on information provided by the Texas Department of Insurance and the State Office of Risk Management, it is assumed that all duties and responsibilities necessary to implement the provisions of the bill could be accomplished within existing resources.
Local Government Impact
No 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: UP, CL, NV, ER, NHe
UP, CL, NV, ER, NHe