Honorable Chris Turner, Chair, House Committee on Business & Industry
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB2502 by Patterson (Relating to lifetime income benefits under the workers' compensation system.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would amend the Labor Code relating to lifetime income benefits under the workers' compensation system. Based on information provided by the Texas Department of Insurance, this analysis assumes that the duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.