LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 79TH LEGISLATIVE REGULAR SESSION

April 20, 2005

TO:	Honorable Robert Duncan, Chair, Senate Committee on State Affairs
FROM:	John S. O'Brien, Deputy Director, Legislative Budget Board
IN RE:	SB1845 by Deuell (Relating to audit practices of pharmacy benefit plans.), As Introduced

No significant fiscal implication to the State is anticipated.

This bill would amend the Insurance Code as it relates to the audit practices of pharmacy benefit plans.  Based on the analysis of the Department of Insurance, the duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.

This bill would take effect September 1, 2005.      

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

454 Department of Insurance

LBB Staff:

JOB, SR, NV