LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION

May 11, 2009

TO:	Honorable John T. Smithee, Chair, House Committee on Insurance
FROM:	John S. O'Brien, Director, Legislative Budget Board
IN RE:	SB1143 by Carona (Relating to requirements regarding employer liability for certain group health benefit plan premiums.), As Engrossed

No significant fiscal implication to the State is anticipated.

The bill would amend the Insurance Code regarding employer liability for health maintenance organization plan premiums. 

Based on the analysis of TDI, it is assumed that there would be a one-time revenue gain of $6,200 in the General Revenue Dedicated Account Fund 36 in fiscal year 2010 because the bill would result in additional form filings to reflect this change.

Since General Revenue Dedicated Account Fund 36 is a self-leveling account, this analysis assumes all general revenue 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.

Local Government Impact

No fiscal implication to units of local government is anticipated.

Source Agencies:

454 Department of Insurance, 720 The University of Texas System Administration

LBB Staff:

JOB, KJG, CH