LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION May 7, 2017 TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB1990 by Shine (Relating to the administration of the Texas certified self-insurer guaranty trust fund.), As Engrossed No significant fiscal implication to the State is anticipated. The bill would amend the Labor Code relating to the administration of the Texas certified self-insurer guaranty trust fund. Based on information provided by the Texas Department of Insurance, Office of Public Insurance Counsel, and State Office of Risk Management, this analysis assumes the duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. Based on information provided by the Comptroller of Public Accounts, there would be no revenue implications with implementing the provisions of the bill as the Texas Certified Self-Insurer Guaranty Trust Fund is held outside the state treasury and administered by the Texas Certified Self-Insurer Guaranty Association. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:304 Comptroller of Public Accounts, 359 Office of Public Insurance Counsel, 454 Department of Insurance, 479 State Office of Risk Management LBB Staff: UP, CL, EH, CP, LCO
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION
May 7, 2017
TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB1990 by Shine (Relating to the administration of the Texas certified self-insurer guaranty trust fund.), As Engrossed
TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB1990 by Shine (Relating to the administration of the Texas certified self-insurer guaranty trust fund.), As Engrossed
Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB1990 by Shine (Relating to the administration of the Texas certified self-insurer guaranty trust fund.), As Engrossed
HB1990 by Shine (Relating to the administration of the Texas certified self-insurer guaranty trust fund.), 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 Labor Code relating to the administration of the Texas certified self-insurer guaranty trust fund. Based on information provided by the Texas Department of Insurance, Office of Public Insurance Counsel, and State Office of Risk Management, this analysis assumes the duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. Based on information provided by the Comptroller of Public Accounts, there would be no revenue implications with implementing the provisions of the bill as the Texas Certified Self-Insurer Guaranty Trust Fund is held outside the state treasury and administered by the Texas Certified Self-Insurer Guaranty Association.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 304 Comptroller of Public Accounts, 359 Office of Public Insurance Counsel, 454 Department of Insurance, 479 State Office of Risk Management
304 Comptroller of Public Accounts, 359 Office of Public Insurance Counsel, 454 Department of Insurance, 479 State Office of Risk Management
LBB Staff: UP, CL, EH, CP, LCO
UP, CL, EH, CP, LCO