LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 74th Regular Session March 22, 1995 TO: Honorable John Smithee, Chair IN RE: House Bill No. 1985 Committee on Insurance By: Duncan House of Representatives Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on House Bill No. 1985 (relating to the collection of insurance data) this office has determined the following: The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill. The bill would amend Insurance Code provisions relating to workers' compensation insurance. The amendments would allow the Commissioner of Insurance to contract with an advisory organization for collection of workers' compensation unit statistical data, detailed claim information, and financial call data. Implementation of the provisions of the bill would result in total additional costs for fiscal year 1996 of approximately $65,000 for a one-time contract with a statistical agent and consultant who would develop a statistical plan combining various workers' compensation data calls currently in use. Anticipated expenses for reproducing and distributing the statistical plan are also included in the total cost estimate. The bill would also result in savings of approximately $59,000 each year beginning in 1997 with elimination of two positions currently allocated for workers' compensation data collection and auditing. The probable fiscal implication of implementing the provisions of the bill during each of the first five years following passage is estimated as follows: Fiscal Probable Change in Year Cost/(Savings) Out Number of State of Department of Employees from Insurance FY 1995 Operating Fund 036 1996 $64,700 .0 1997 (59,150) (2.0) 1998 (59,150) (2.0) 1999 (59,150) (2.0) 2000 (59,150) (2.0) Similar annual fiscal implications would continue as long as the provisions of the bill are in effect. No fiscal implication to units of local government is anticipated. Source: Department of Insurance LBB Staff: JK, RM, RR