LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 80TH LEGISLATIVE REGULAR SESSION

April 23, 2007

TO:	Honorable Helen Giddings, Chair, House Committee on Business & Industry
FROM:	John S. O'Brien, Director, Legislative Budget Board
IN RE:	HB2423 by Leibowitz (Relating to certain requirements for employers not covered by workers' compensation insurance.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would amend the Labor Code relating to certain requirements for employers not covered by workers' compensation insurance and require the commissioner to adopt rules.

Based on the analysis of the Texas Department of Insurance, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.

The bill would take effect September 1, 2007.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

454 Department of Insurance, 479 State Office of Risk Management, 601 Department of Transportation, 710 Texas A&M University System Administrative and General Offices

LBB Staff:

JOB, JRO, SK