LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION

April 6, 2003

TO:	Honorable John T. Smithee, Chair, House Committee on Insurance
FROM:	John Keel, Director, Legislative Budget Board
IN RE:	HB2782 by Eiland (Relating to certain limitations in health benefit plan coverage policies.), As Introduced

No significant fiscal implication to the State is anticipated.

The Texas Department of Insurance estimates a revenue gain of $22,900 in filing fees from life and health insurance companies amending their existing forms to comply with new requirements set by the bill.

This gain would be offset by a corresponding revenue loss to the insurance maintenance tax, with no net change to the state's revenue.

The bill would take effect September 1, 2003, and apply only to a health benefit plan that is delivered, issued for delivery, or renewed on or after January 1, 2004.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:	454 Department of Insurance
LBB Staff:	JK, JRO, RT, RB