LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION April 13, 2021 TO: Honorable Rafael Anchia, Chair, House Committee on Pensions, Investments & Financial Services FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB4307 by Lucio III (Relating to coverage for low-THC cannabis under certain group benefit plans for governmental employees.), As Introduced The fiscal implications of the bill cannot be determined at this time. The bill would amend the Insurance Code relating to coverage for low-THC cannabis under certain group benefit plans for governmental employees. Based on information provided by the Texas Employees Retirement System and Teacher Retirement System, the fiscal impact of the bill is indeterminable due to the uncertain nature of the legislation's relationship and potential impact to various federal requirements. Local Government ImpactNo fiscal implication to units of local government is anticipated. Source Agencies: b > td > 323 Teacher Retirement System, 327 Employees Retirement System, 529 Hlth & Human Svcs Comm, 710 Texas A&M Univ System Admin, 720 UT Sys Admin LBB Staff: b > td > JMc, AAL, MB, MPUK
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 87TH LEGISLATIVE REGULAR SESSION
April 13, 2021
TO: Honorable Rafael Anchia, Chair, House Committee on Pensions, Investments & Financial Services FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB4307 by Lucio III (Relating to coverage for low-THC cannabis under certain group benefit plans for governmental employees.), As Introduced
TO: Honorable Rafael Anchia, Chair, House Committee on Pensions, Investments & Financial Services
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB4307 by Lucio III (Relating to coverage for low-THC cannabis under certain group benefit plans for governmental employees.), As Introduced
Honorable Rafael Anchia, Chair, House Committee on Pensions, Investments & Financial Services
Honorable Rafael Anchia, Chair, House Committee on Pensions, Investments & Financial Services
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB4307 by Lucio III (Relating to coverage for low-THC cannabis under certain group benefit plans for governmental employees.), As Introduced
HB4307 by Lucio III (Relating to coverage for low-THC cannabis under certain group benefit plans for governmental employees.), As Introduced
The fiscal implications of the bill cannot be determined at this time.
The fiscal implications of the bill cannot be determined at this time.
The bill would amend the Insurance Code relating to coverage for low-THC cannabis under certain group benefit plans for governmental employees. Based on information provided by the Texas Employees Retirement System and Teacher Retirement System, the fiscal impact of the bill is indeterminable due to the uncertain nature of the legislation's relationship and potential impact to various federal requirements.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: b > td > 323 Teacher Retirement System, 327 Employees Retirement System, 529 Hlth & Human Svcs Comm, 710 Texas A&M Univ System Admin, 720 UT Sys Admin
323 Teacher Retirement System, 327 Employees Retirement System, 529 Hlth & Human Svcs Comm, 710 Texas A&M Univ System Admin, 720 UT Sys Admin
LBB Staff: b > td > JMc, AAL, MB, MPUK
JMc, AAL, MB, MPUK