LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session April 26, 1997 TO: Honorable Kenneth Armbrister, Chair IN RE: Senate Bill No. 14, Committee Report 1st House, as amended Committee on State Affairs By: Harris Senate Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on SB14 ( Relating to long-term care for public employees.) this office has detemined the following: Biennial Net Impact to General Revenue Funds by SB14-Committee Report 1st House, as amended No fiscal implication to the State is anticipated. This bill establishes the Public Employees Long-Term Care Board to offer long-term care insurance plans to the members, annuitants, and the spouses, children, parents, and spouses parents of members and annuitants of any retirement system administered by the State or a political subdivision of the State. The full cost of enrollment would be paid by the enrollees so there would be no fiscal implication to the state. The bill does not address how start-up costs would be funded. No fiscal implication to units of local government is anticipated. Source: Agencies: 327 Employees Retirement System 454 Department of Insurance 304 Comptroller of Public Accounts LBB Staff: JK ,JD ,SC