LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION March 28, 2025 TO: Honorable Stan Lambert, Chair, House Committee on Pensions, Investments & Financial Services FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3126 by Darby (Relating to the election of certain school districts to participate in the uniform group coverage program for active school employees.), As Introduced No significant fiscal implication to the State is anticipated. It is assumed that any costs associated with the bill could be absorbed using existing resources. Local Government ImpactParticipating school districts would incur risk stabilization fees and healthcare costs. Source Agencies: b > td > 323 Teacher Retirement System, 454 Department of Insurance LBB Staff: b > td > JMc, FV, ASA, ENA
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 89TH LEGISLATIVE REGULAR SESSION
March 28, 2025
TO: Honorable Stan Lambert, Chair, House Committee on Pensions, Investments & Financial Services FROM: Jerry McGinty, Director, Legislative Budget Board IN RE: HB3126 by Darby (Relating to the election of certain school districts to participate in the uniform group coverage program for active school employees.), As Introduced
TO: Honorable Stan Lambert, Chair, House Committee on Pensions, Investments & Financial Services
FROM: Jerry McGinty, Director, Legislative Budget Board
IN RE: HB3126 by Darby (Relating to the election of certain school districts to participate in the uniform group coverage program for active school employees.), As Introduced
Honorable Stan Lambert, Chair, House Committee on Pensions, Investments & Financial Services
Honorable Stan Lambert, Chair, House Committee on Pensions, Investments & Financial Services
Jerry McGinty, Director, Legislative Budget Board
Jerry McGinty, Director, Legislative Budget Board
HB3126 by Darby (Relating to the election of certain school districts to participate in the uniform group coverage program for active school employees.), As Introduced
HB3126 by Darby (Relating to the election of certain school districts to participate in the uniform group coverage program for active school employees.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
It is assumed that any costs associated with the bill could be absorbed using existing resources.
Local Government Impact
Participating school districts would incur risk stabilization fees and healthcare costs.
Source Agencies: b > td > 323 Teacher Retirement System, 454 Department of Insurance
323 Teacher Retirement System, 454 Department of Insurance
LBB Staff: b > td > JMc, FV, ASA, ENA
JMc, FV, ASA, ENA