LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION May 20, 2017 TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB477 by Collier (Relating to the provision and use of health coverage information to educate consumers purchasing individual health benefit coverage.), As Engrossed No significant fiscal implication to the State is anticipated. The bill would amend the Insurance Code relating to the provision and use of health coverage information to educate consumers purchasing individual health benefit coverage. Based on information provided by the Texas Department of Insurance, this analysis assumes the duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. The bill would take effect on January 1, 2018. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:454 Department of Insurance LBB Staff: UP, CL, CP, AG LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION May 20, 2017 TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB477 by Collier (Relating to the provision and use of health coverage information to educate consumers purchasing individual health benefit coverage.), As Engrossed TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE: HB477 by Collier (Relating to the provision and use of health coverage information to educate consumers purchasing individual health benefit coverage.), 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 HB477 by Collier (Relating to the provision and use of health coverage information to educate consumers purchasing individual health benefit coverage.), As Engrossed HB477 by Collier (Relating to the provision and use of health coverage information to educate consumers purchasing individual health benefit coverage.), 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 the provision and use of health coverage information to educate consumers purchasing individual health benefit coverage. Based on information provided by the Texas Department of Insurance, this analysis assumes the duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. The bill would take effect on January 1, 2018. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: 454 Department of Insurance 454 Department of Insurance LBB Staff: UP, CL, CP, AG UP, CL, CP, AG