LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 80TH LEGISLATIVE REGULAR SESSION

Revision 1

April 16, 2007

TO:	Honorable Helen Giddings, Chair, House Committee on Business & Industry
FROM:	John S. O'Brien, Director, Legislative Budget Board
IN RE:	HB3035 by Turner (Relating to the authority of physicians and chiropractors to form certain entities.), As Introduced

No significant fiscal implication to the State is anticipated.

The bill would amend the Business Organizations Code relating to the authority of physicians and chiropractors to form certain entities.  Based on the analysis of the Board of Chiropractic Examiners and the Texas Medical Board, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.

The bill would take effect immediately upon receiving a two-thirds majority vote in each house.  If the bill does not receive a two-thirds vote in each house, the bill would take effect September 1, 2007.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

503 Texas Medical Board, 508 Board of Chiropractic Examiners

LBB Staff:

JOB, JRO, NV