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:	HB3302 by Gutierrez (Relating to pharmacy benefit managers.), As Introduced

No significant fiscal implication to the State is anticipated.

The Texas Department of Insurance indicates the bill would have a cost to the agency. It is anticipated that the cost could be absorbed within the agency's current resources.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:	454 Department of Insurance, 515 Board of Pharmacy
LBB Staff:	JK, JRO, RT, RB