TO: | Honorable David Dewhurst, Lieutenant Governor, Senate |
FROM: | John S. O'Brien, Director, Legislative Budget Board |
IN RE: | SB1001 by Deuell (Relating to the continuation and operation of the office of public insurance counsel.), As Passed 2nd House |
Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
---|---|
2010 | ($78,724) |
2011 | ($76,224) |
2012 | ($76,224) |
2013 | ($76,224) |
2014 | ($76,224) |
Fiscal Year | Probable (Cost) from General Revenue Fund 1 |
Change in Number of State Employees from FY 2009 |
---|---|---|
2010 | ($78,724) | 1.0 |
2011 | ($76,224) | 1.0 |
2012 | ($76,224) | 1.0 |
2013 | ($76,224) | 1.0 |
2014 | ($76,224) | 1.0 |
The bill would amend the Insurance Code to continue the Office of Public Insurance Counsel (OPIC) to 2021. The bill would authorize OPIC to accept complaints from small employers, eligible employees, or their dependents concerning a premium increase of more than 20 percent and authorizes OPIC to refer any complaints deemed appropriate by the agency to the Texas Department of Insurance (TDI). The bill would require OPIC to submit to the legislature a biennial report containing recommendations for legislation to benefit and protect consumers as a class in insurance matters.
The bill would take effect September 1, 2009.
Source Agencies: | 116 Sunset Advisory Commission, 359 Office of Public Insurance Counsel
|
LBB Staff: | JOB, SD, MW, CH, KJG
|