LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION

May 29, 2003

TO:	Honorable Tom Craddick, Speaker of the House, House of Representatives
FROM:	John Keel, Director, Legislative Budget Board
IN RE:	HB2095 by Cook, Robby (Relating to provision of workers' compensation insurance coverage through a certified self-insurance group; providing penalties.), As Passed 2nd House

No significant fiscal implication to the State is anticipated.

It is anticipated that the Workers' Compensation Commission and Research and Oversight Council on Workers' Compensation could absorb any costs within current resources.

The Department of Insurance (TDI) indicated the bill would require additional costs associated with 4.25 FTEs in 2004 and 5.25 FTEs each year thereafter. It is anticipated TDI could absorb any costs and additional workload associated with the bill within current resources.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

360 State Office of Administrative Hearings, 453 Workers' Compensation Commission, 454 Department of Insurance, 478 Research and Oversight Council on Workers' Compensation, 304 Comptroller of Public Accounts

LBB Staff:

JK, RR, JRO, RT, RB