LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION

May 7, 2003

TO:	Honorable Helen Giddings, Chair, House Committee on Business & Industry
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. ), Committee Report 1st House, Substituted

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:

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

LBB Staff:

JK, JRO, RT, RB