TO: | Honorable Joe Deshotel, Chair, House Committee on Economic Development |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | HB2185 by Woolley (relating to liability for the refund of certain unemployment compensation benefits to the Texas Workforce Commission. ), Committee Report 1st House, Substituted |
The bill would amend the Labor Code relating to liability for the refund of certain unemployment compensation benefits to the Texas Workforce Commission (TWC). The agency estimates a savings to the Unemployment Insurance Trust Fund of approximately $1.1 million in each fiscal year 2008 and 2009; $1.2 million in fiscal year 2010; and $1.3 million in each fiscal year 2011 and 2012, totaling $6.1 million over a five year period due to an estimated decrease of 1,480 for the number of claims initially payable and later reversed at appeal. This trust fund is held outside the state Treasury so there is no fiscal impact to the state. Based on the analysis of TWC, it is also assumed that any 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, 2007.
Source Agencies: | 320 Texas Workforce Commission
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LBB Staff: | JOB, JRO, MW, NV
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