| TO: | Honorable Robert Duncan, Chair, Senate Committee on State Affairs |
| FROM: | John S. O'Brien, Director, Legislative Budget Board |
| IN RE: | SB76 by Nelson (Relating to authorizing a children's health benefit plan for certain small employers.), Committee Report 1st House, Substituted |
The bill would amend the definitions and regulations of children's health benefit plans in the Insurance Code. The bill would require the commissioner to adopt by rule the minimum benefits required to be provided under children's health benefit plans.
Based on the analysis of the Texas Department of Insurance, it is assumed that there would be a one-time revenue gain of $7,400 in the General Revenue Dedicated Account Fund 36 in fiscal year 2010 because the bill would result in additional form filings. Since General Revenue Dedicated Account Fund 36 is a self-leveling account, this analysis assumes all revenue generated would go toward fund balances or the maintenance tax would be set to recover a lower level of revenue the following year. It is also assumed that any costs realized by TDI from implementing the provisions of the bill could be absorbed within existing resources.
| Source Agencies: | 454 Department of Insurance
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| LBB Staff: | JOB, CH, KJG, MW
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